ETHUSD -Bull's Gate, Or Bear Mauling? Asc Triangle
Is this a Gate for the Bulls, or are the Bears waiting to maul? In a previous analysis, the Bears have had control since Jan. 14th in a segmenting pattern, and back as far as Jan 3rd since the break of the December uptrend.
Bulls look to have a gate through the Bear defense, but will it materialize. I will be watching for the conviction myself even though there appears to be an opportunity with this ascending triangle action.
The last 2 attempts at the trend line may have found a chink in the armor. We're in a bear market, watch for conviction. volume, and follow through.
Good luck traders!
Previous Analysis: Predictable Bearish Pattern
![ETHUSD - 1H Trend Lost, Predictable Bearish Pattern? [Refined]](https://s3.tradingview.com/8/8BcruUao_mid.png)
Previous Analysis: Break Trend line, or Test $100
Bulls look to have a gate through the Bear defense, but will it materialize. I will be watching for the conviction myself even though there appears to be an opportunity with this ascending triangle action.
The last 2 attempts at the trend line may have found a chink in the armor. We're in a bear market, watch for conviction. volume, and follow through.
Good luck traders!
Previous Analysis: Predictable Bearish Pattern
Previous Analysis: Break Trend line, or Test $100
Transaction en cours
ETHUSD is running out of room, and volatility should pick up relatively soon. 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.