Ethereum has formed a bullish flag pattern after a strong rise impulse on the 2-hour chart. The price is currently consolidating between converging trend lines - a breakout may drive the next wave up.
Resistance level: $1,860-$1,880 ( breakout area ) Support level: $1,810-$1,800 ( triangle flag bottom ) breaking above the trend line may trigger a new round of bullish momentum. $ETH
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Ethereum has formed a bullish flag pattern after a strong rise impulse on the 2-hour chart. The price is currently consolidating between converging trend lines - a breakout may drive the next wave up.
Resistance level: $1,860-$1,880 ( breakout area )
Support level: $1,810-$1,800 ( triangle flag bottom ) breaking above the trend line may trigger a new round of bullish momentum. $ETH