ETHUSD was identified at around 4286.61 having recently rebounded of the resistance on the 30 Minutes data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 4234.6682 level.
Target: 4234.6682 Entry: 4286.61 Stop: 4333.04

