📈 ETHEREUM TRIANGLE BREAKOUT IMMINENT? 🚀
ETH / USDT | 1D Chart
Since early 2021, ETH has been forming a massive symmetrical triangle — a long-term consolidation pattern signaling accumulation. I've drawn the upper resistance and lower support lines that have repeatedly dictated Ethereum’s major trend reversals.
What’s striking here is the historical projection overlay — it aligns almost perfectly with the key reaction zones at the triangle’s top and bottom trendlines. This correlation strengthens the case that Ethereum is nearing the apex of a breakout decision.
🔍 MARKET CIPHER INSIGHT:
Market Cipher B is flashing classic bullish divergence:
✅ Multiple green dots on the momentum waves
✅ Money Flow Index showing a steady shift from red to green
✅ RSI clusters rebounding from oversold levels
✅ Significant "R" reversal signals aligning with historical triangle support
🧠 This confluence of technicals + fractal harmony + Market Cipher validation suggests ETH is not only respecting this triangle structure, but preparing for a major move — likely upward.
🎯 A breakout above ~$3,200 could ignite a wave toward new highs, especially with ETF narratives, staking yields, and macro liquidity tailwinds.
👁🗨 Keep this triangle on your radar. It’s rare to see historical projection and indicator momentum converge this cleanly.
Since early 2021, ETH has been forming a massive symmetrical triangle — a long-term consolidation pattern signaling accumulation. I've drawn the upper resistance and lower support lines that have repeatedly dictated Ethereum’s major trend reversals.
What’s striking here is the historical projection overlay — it aligns almost perfectly with the key reaction zones at the triangle’s top and bottom trendlines. This correlation strengthens the case that Ethereum is nearing the apex of a breakout decision.
🔍 MARKET CIPHER INSIGHT:
Market Cipher B is flashing classic bullish divergence:
✅ Multiple green dots on the momentum waves
✅ Money Flow Index showing a steady shift from red to green
✅ RSI clusters rebounding from oversold levels
✅ Significant "R" reversal signals aligning with historical triangle support
🧠 This confluence of technicals + fractal harmony + Market Cipher validation suggests ETH is not only respecting this triangle structure, but preparing for a major move — likely upward.
🎯 A breakout above ~$3,200 could ignite a wave toward new highs, especially with ETF narratives, staking yields, and macro liquidity tailwinds.
👁🗨 Keep this triangle on your radar. It’s rare to see historical projection and indicator momentum converge this cleanly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.