Ascending triangle and Fib extension signals new ATH
With an ascending triangle forming on the hourly time frame and given the current momentum on 
ETHUSDT we could see a new ATH within a foreseeable future.
The target of the ascending triangle also matches perfectly with the fib extension to with a target between 1.236 and 1.618 levels. However the hitting the ATH area might reject in the first try.
Note that the oscillators like MACD are not confirming the upside yet.
ETHUSDT we could see a new ATH within a foreseeable future.The target of the ascending triangle also matches perfectly with the fib extension to with a target between 1.236 and 1.618 levels. However the hitting the ATH area might reject in the first try.
Note that the oscillators like MACD are not confirming the upside yet.
Note
After a retest, we are now moving up towards the previous all time high
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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.