ETHUSD Ascending Triangle Breakout ? 24.05.2024

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ETHUSD Ascending Triangle Breakout ? 24.05.2024 by BDSwiss_Academy on TradingView.com

– Following US SEC approval of spot ether ETF listing:

– Ascending triangle 1HR chart pattern observed on ETHUSD.

– Downside break of uptrendline indicates potential price decrease.

– Upside break of resistance suggests possible price increase.

– Stress the importance of applying risk management strategies.

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