šŗ ETH/USDT | Symmetrical Triangle FORMING | 1H Chart
š Pattern Details:
ā¢ Pair: ETH/USDT (Ethereum)
ā¢ Timeframe: 1 Hour
ā¢ Pattern: Symmetrical Triangle
ā¢ Confidence: 91.8 š„
ā¢ Maturity: 79.2%
ā¢ Status: š” FORMING
ā¢ Resistance Touches: 2 | Support Touches: 2
ETH has been compressing inside a Symmetrical Triangle on the 1H chart since March 16. Price started near $2,280, surged to $2,380 by 18:00 March 16, then began tightening making lower highs along a descending resistance line and higher lows along an ascending support line. Both trendlines have 2 confirmed touches each and are visibly converging. Volume has been declining steadily as the triangle narrows currently at 79.2% maturity with a confidence score of 91.8. Price sitting right at ~$2,325 inside the apex zone.
High confidence. Nearly mature. ETH is coiling. š
š Detected by ChartScout.io AI-powered chart pattern detection for crypto traders.