⚪Symmetrical Triangle on
$ETH - Breakout Zone Active
ChartScout detected a clean Symmetrical Triangle on ETH/USDT showing market indecision before a major move.
📊 Pattern Details:
• Asset: Ethereum (
$ETH )
• Timeframe: 5-minute
• Confidence: 76.7%
• Maturity: 81.4%
⚡ What's Happening:
Price coiling between converging trendlines:
🔺 Resistance (red line) - lower highs
🔻 Support (green line) - higher lows
📊 Volume declining (classic behavior)
⚡ Approaching apex = breakout imminent
"Market coiling. Watch volume for breakout clues."
⚠️ Key Rules:
✅ Wait for breakout confirmation
✅ Watch for volume surge
✅ Don't predict direction - react to breakout
✅ Set stops outside opposite trendline
Symmetrical Triangles are powerful breakout patterns. This one shows textbook structure at 81.4% maturity optimal breakout zone.
Detected by ChartScout's AI scanner monitoring 24/7.
Which way do you think ETH breaks? Bull or bear? 👇
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#Ethereum #ETH #SymmetricalTriangle #Breakout