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ETHUSD ETHEREUM bullish flag formation

GEMINI:ETHUSD   Ethereum / U.S. Dollar
ETHEREUM price action: Bullish flag formation. Potential upward targets after breakout: 288$ and 313$. Invalidation breakdown of green support trend line . Strong uptrend closed above 21,50,100,200 periods of EMA lines.

Volume: decrease, bad sign.
Indicators: MACD bullish crossover above zero line, RSI above 75 points, Very good sign.
Patterns: Bullish flag formation. Bullish breakout of resistance line.
S/R: Strong Support 213.5$ Support 250$. Resistance 288$ Strong Resistance 313$.

Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.

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