Hello, dear members of LeoFinance!
Today I want to comment on the price chart of Ethereum.
In the 4-hour chart (4H), ETH/USD has been able to exit the Ascending Triangle (a trend continuation pattern) and renew the uptrend:
Interestingly, it seems that ETH/USD is going to exit the trajectory of the Ascending channel and, thus, accelerate the uptrend in the daily chart (1D):
To be continued ...
As of the time of writing, one Ethereum costs $738,18 on Bitstamp crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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