ETH has been consolidating below the weekly resistance for almost three weeks.
In 8H TF, ETH is forming an ascending triangle, a bullish price-action.
Two proposed setups are as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Note
Here is my view on 1W TF: Note
I closed this trade because BTC is weak
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.