Bitcoinik

Ethereum Bull Flag

Long
COINBASE:ETHUSD   Ethereum
Ethereum is preparing a bull flag. The horizontal resistance is $175 if ETH able to break it and hold above it then the next resistance is $195-$200 zones.

The immediate support is the 200 MA that is around $161. The major support of the ethereum is $150.

Eth/btc pair increase with btc price that is a very good sign for ETH and other alts. It looks like we will see a small alt rally around the bitcoin halving.

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