ETH/USDT

ETH is currently forming a growing triangle model over the weekly period. It seems to encounter resistance at a horizontal level.

The gold crossing has already taken place, indicating a potential upward trend. The Ichimoku cloud also suggests a bullish perspective.

However, it should be noted that the RSI has recently faced the rejection of the overbourd region and has formed a hidden bearish divergence.

A decisive break above the triangle would confirm the bullish sentiment, but until then, there remains a possibility of a new test of the support of the trend line within the triangle.

#BullorBear