ETHUSD - H4 - Ascending triangle but be careful

Hi,

Let's have a look at ETHUSD with a 4 hours TF.
We can clearly see an ascending triangle with the Kijun acting as support. As long as we remain above the Kijun (= above the support line), a breakout to the 550's area is expected.

Is the support doesn't hold, the next supports are at 420 and 398$

!! BTC is facing a strong resistance at 16 000$ and a move to the downside is possible. If so, it's possible to see ETH following the downtrend by breaking the support of this triangle.

please like if you agree

DYOR !