Cryptohopper blog
Ethereum 2-Month Symmetrical Triangle Signal an Impending Breakout
Ethereum's (ETH) price has been developing a 2-month symmetrical triangle on the daily chart, which warns of an impending breakout in either direction. The symmetrical triangle is a classical chart pattern but is a neutral chart formation. In this regard, the breakout can happen either on the short side or on the long side.
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