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Ethereum Technical Analysis: ETH/USD imminent breakout pending out from a triangular structure

FX Street

Updated: 28 Mar. 2019 | 16:32

Ethereum price on Thursday in the second half of the day, nursing minor losses of some 0.8%.
ETH/USD trading within the confinements of a triangular structure, subject to a breakout.

Spot rate: 139.20

Relative change: -0.80%

High: 140.34

Low: 138.07

ETH/USD 60-minute chart

Heavy near-term supply within the very early $140 territory, preventing the bulls from breaking through.

ETH/USD daily chart

Price action via the daily chart view is moving within a triangular structure subject to an imminent breakout.

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