📈 ETH 1 Week Chart (Ethereum)

Ethereum is trading in a symmetrical triangle pattern. The upper line of this triangle is pushing the price down, while the bottom support line is a strong support.

The price is close to the end of the triangle, and now it is like a pressure cooker. The price needs to decide very soon if it wants to break up, or break down!

If we take a look at the Stochastic RSI - we can see that the momentum is in favor of the bulls, but will it be enough to break to the upside?

*DamuhongTrader*