Ethereum is forming ascending triangle

[Nostoman]

Ethereum is forming ascending triangle and we are approaching the breakout zone. We will soon see a breakout on ETHUSDT and that will be huge. ETH CME futures contracts will launched on 8 Feb and institutions will get their hands on ETH. Grayscale also started investing in ETH trust again. There are a lot of outflows from the exchanges in the last few weeks. ETH 2.0 staking is live on almost all major exchanges and that will lead to a supply shortage. This will be epic. Please explain your opinion?

[Zed0X]

Ethereum is forming ascending triangle and we are approaching the breakout zone. We will soon see a breakout on ETHUSDT and that will be huge.

Please support this with TA images that actually shows trend lines.

ETH CME futures contracts will launched on 8 Feb and institutions will get their hands on ETH.

"Will"....but you posted this on Feb. 18. That's a bit late.

There are a lot of outflows from the exchanges in the last few weeks. ETH 2.0 staking is live on almost all major exchanges and that will lead to a supply shortage.

It's ironic to mention outflows from exchanges and follow it up with staking on major exchanges. Staking on CEX would invite holders to move their ETH to exchanges (inflows). It's better to add that ETH staked on exchanges will be locked until 2.0 is fully launched. I also wouldn't say supply shortage because, at the moment, it's unlimited.

[NANCY]

You are right because the price of etherium is going to increase at the moment but I think it has gone up a lot. People are more interested in etherium now than ever before because I think the future of this etherium is very good.

[marcsymons]

If Ethereum continues to improve itself and finally figures out how to scale massively, I can see Ethereum being $2500 each this year. Ethereum is interesting because the token is more used for utility (DApps, DeFi, and Smart Contracts) than a currency this although it can still be used for currency purposes.

[Octoalts]

The price of Ethereum has indeed increased, but I don't understand the graph of the increase in Ethereum price which is forming an ascending triangle. Maybe the OP can provide a photo, so that we can better understand the graph of this Ethereum price increase. 
And actually I have benefited a little from this increase in Ethereum price, but the problem for me is that Ethereum transaction fees are quite expensive.

[wxxyrqa]

The price of Ethereum has indeed increased, but I don't understand the graph of the increase in Ethereum price which is forming an ascending triangle. Maybe the OP can provide a photo, so that we can better understand the graph of this Ethereum price increase. 
And actually I have benefited a little from this increase in Ethereum price, but the problem for me is that Ethereum transaction fees are quite expensive.

Only the first phases of the Ethereum 2.0 update were carried out, but nevertheless, the transaction speed was increased, although this is still not enough, because the demand for the erc20 platform is too high and it is overflowing with large and in-demand projects. Only after a while the situation will change, and now we need to wait for higher prices for ethereum, although the commission will rise along with the rates.

[Paglamon]

It is difficult to say exactly where the cryptocurrency market is going. However, some predictions can be made about the future. So that investors benefit much more. However, the price of Ethereum is constantly going up. So investment and trade will benefit. However, the current dominance is slightly lower. It won't take long to rise to the top in the future.