Your chart shows a very strong 1W Channel Down where the price is approaching a Lower High which will end of the 1D Triangle. A bearish break-out is more likely to take place. Our TP is 176.16:
rexlomax
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@InvestingScope, That's a possibility indeed, but looking at the massive volume that was posted in this level i'm expecting a bullish move
Scotty_Crypn
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@InvestingScope, your chart and words are a great example of why TA alone is garbage.
CryptoComes
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Hello!
Looks like Ethereum is on the mixed area:
* Above the major counter-trendline
* Below the short-term up-trendline
Best regards!