GOOD AFTERNOON STEEMIT!
Supply/demand in trading is such a beautiful thing.
Yesterday on the Steemit blog, I spoke about a possible [Ethereum trading scenario](https://steemit.com/ethereum/@forexbrokr/possible-ethereum-trading-scenario-is-a-breakout-pending) that featured a nice, clean supply/demand setup.
Click the link above or take a look at the chart and thoughts posted here:
> ### ETH/USD Hourly
> The hourly shows a nice ascending triangle. What this pattern of higher highs shows, is the sellers being absorbed.
> When there are no sellers left to be absorbed, I’m sure you can work out what happens to price.
Now take a look at today’s Ethereum chart:
### ETH/USD Hourly
That’s as close to textbook as you’re going to get.
Please ***leave a comment*** with your ideas or just share a chart.
Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to ***having you follow along*** and reading what you throw at me.