ETHUSDT Triangle formation in 1H chart
2024-10-19

ETHUSDT Technical analysis update.

ETHUSD is forming a triangle pattern on the 1H chart at a major resistance level. The price could touch the triangle's support again before breaking out. A bullish move can be confirmed once the price breaks the resistance line.

Buy after the breakout is confirmed on the 1H chart.

Regards
Hexa