Binance Hot list coin August 11, 2020 : ETHUSDT #1

Here is the perspective on the Ethereum. We've seen it from 4 hours perspective with a potential of ascending triangle to form. The price is now trending at the distribution phase with a lower volatility for the last few days. I'll still see this to occur until the next 1 or 2 days before the price makes any confirmation / reaction toward the APEX of the triangle. However, it's still good to anticipate the upside moves because of the psychology of the ascending triangle. Upside target at the .5 fibonacci level if the price can breaks above the upper line of the ascending triangle.