Ethereum Ascending Triangle

ETHUSD

Ethereum-US Dollar has been developing an Ascending Triangle for the last 5 months, as seen in the chart. www.freeonlinetradin...ending-triangle.html , which is a bullish pattern.

If it were to break above it, with a move above $400 USD, then the minimum upside target will be about $690 USD. That price is calculated by adding the difference between the highest and lowest point of the triangle ($420 - $130 = $290) to the breaking point ($400 + $290 = $690).

But that is the minimum price target, it can go a lot higher, maybe to a $1,000 USD or more, which is about 3 times its current price, but it could probably take a couple of months to get there, like 2 or 3 or more.

The great thing is that it looks like the time for Alt. Coins to make a big move is getting near, not just in this one, but many others also.

Good Luck to You

Commento:

Well, I guess nobody cared about this post, but it was a nice call at the time, went as high as $516, trading at $447.

The reentry was yesterday, with a target of $1,000 by early next year.

Will see.

Good Luck to You All