PolarHusk

ETH/USD TA Update (Bearish Picture?)

BITMEX:ETHUSD   None
ETH/USD

ETH is painting a bearish pattern or ascending channel which by TA it is not good. But to invalidate this bearish sign, ETH needs to hold immediate key support around 142 - 140 levels
and not break the upward green trend-line support. ETH requires to get above this key trend-line resistance at 150 levels or over 6-7% pump from the current price.
If Bitcoin breaks bullish in the next 24 - 48 hours. ETH will follow the King and ride higher too.

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