$ETH ETH is currently forming a large-scale ascending triangle around 2750. During this period, the decline bottomed out near 2300, filling the support gap in the ascending triangle pattern. In theory, as long as the pattern holds, we should look for an upward wave. The gap in the current upward wave is around 2872, and reaching that level depends on whether 2600 can be broken. There is strong resistance at 2580; a break above 2600 would count as a decisive breakout…. If 2600 isn’t broken, the price could turn around at any time and break down from the pattern. The key period is the next week or two, which will also be when the altcoin cycle gets moving….