Look Beyond The Chop — Momentum Is Building

From the 2-day time-frame we see price consolidating above a key horizontal level with MACD turning positive. As each candle completes we move closer to the Ichimoku Cloud support which itself can help push price above the horizontal (orange line)

ETHUSD's next resistance level is up at $450. A 20% move.

We continue to watch for new BUY signals from high performing strategies on the SparksterSignals platform (link below)

Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.