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ETH ascending triangle
Ascending triangle:
Other technicals:
Price target: 50.52% (A>B) * 70% = 35.3%
TP at every 1:1 RR
- Break even failure rate for up breakouts: 17%
- Average rise: 43%
- Throwback rate: 64%
- Percentage meeting price target for up breakouts: 70%
- Volume: Trends downward at least 78% of the time
Other technicals:
- RSI trending above 50
- Price started month above P and has broken several levels to the upside. A break + test of R4 could signal trend continuation into higher prices.
Price target: 50.52% (A>B) * 70% = 35.3%
TP at every 1:1 RR
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