A upward breakout of triangle looks optimistic
Looking back when the triangle was forming, ETH prices had a rather violent price pullbacks when trying to head downwards.
On top of that, a Bullish Engulfing Candle formed upon the forming of the triangle, indicating a rather strong bullish sentiments when forming the triangle.
Therefore, with all that said, I likely believe that the breakout of this triangle would result in an upward movement.
On top of that, a Bullish Engulfing Candle formed upon the forming of the triangle, indicating a rather strong bullish sentiments when forming the triangle.
Therefore, with all that said, I likely believe that the breakout of this triangle would result in an upward movement.
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