Ethereum Breakut of Multi Month Ascending Triangle

Here's an idea with some potential targets for ETHUSD -0.22% pair. It has just broken out of a multi month ascending triangle and retested support at the breakout point.

Cryptocurrency is gaining attention in the mainstream.

Ethereum -0.22% is easily accessible via Coinbase and GDAX and nearly all exchanges.

I'm expecting a bullish few months after breakout out of this multi month consolidation within an ascending triangle .

What are your thoughts?

Kommentar:

So far, so good. First target reached with ease. On to the next one.

Trade ist aktiv:

First two targets hit, trade still active.