ETH ascending triangle

Ascending triangle:

• Break even failure rate for up breakouts: 17%
  
• Average rise: 43%
  
• Throwback rate: 64%
  
• Percentage meeting price target for up breakouts: 70%
  
• Volume: Trends downward at least 78% of the time
  

Other technicals:

• RSI trending above 50
  
• Price started month above P and has broken several levels to the upside. A break + test of R4 could signal trend continuation into higher prices.
  

Price target: 50.52% (A>B) * 70% = 35.3%

TP at every 1:1 RR