After seeing a period of consolidation, it appears that ETH (and crypto in general) is ready for a new bullish push.
Currently, ETH is trading in a short term bearish channel. An upward break out would create a bullish flag pattern, potentially indicating future bullish performance.
Key level to watch is the 2750 area. If ETH manages to break through that resistance we might push towards 3000 and beyond. Risk seeking traders might already step in around 2680.
Happy trading!
Currently, ETH is trading in a short term bearish channel. An upward break out would create a bullish flag pattern, potentially indicating future bullish performance.
Key level to watch is the 2750 area. If ETH manages to break through that resistance we might push towards 3000 and beyond. Risk seeking traders might already step in around 2680.
Happy trading!
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