#ETH : Current levels im watching

Ethereum at a significant resistance here, to me it looks like we are in for some retracement.

Keep a eye out for a possible SR flip at one of the below levels and a stoch / rsi reset on Lower timeframes if sell off does occur.

We may paint a large flag pattern and bounce off one of the support areas.

280$ and 250$ are strong support areas if we do come down.

Meanwhile if we claim 334 and flip it as support i can see us heading to 363 the top of the zone.

Comment: I would like to see a flag paint here with a stoch / rsi reset then can see Ethereum go again

Comment: Small timeframe; bearish in short term if we lose this support

Comment: I also should note that Ethereum is closely tied to Bitcoin and Silver so if they both have some upside Ethereum is likely to follow.

Comment: Bearish until proven otherwise for me.

Not going to short it, the uptrend is strong lately.

But being cautious. waiting for a clear setup.

Comment: Possible flag on ETH now