ETHEREUM - Breakout of a Triangle pattern
ETH has made a number of attempts to break past resistance and is making higher pivot lows.
It has surpassed numerous levels where heavy volume was transacted with higher volumes on the up moves than down moves, so is exhibiting bullish characteristics.
The failure of the next attempts followed by high selling volumes, could however indicate capitulation to the bears.
It has surpassed numerous levels where heavy volume was transacted with higher volumes on the up moves than down moves, so is exhibiting bullish characteristics.
The failure of the next attempts followed by high selling volumes, could however indicate capitulation to the bears.
Penafian
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