Ethereum bulls defend ascending channel's middle boundary support on the daily chart. Price action past $2,000 may trigger massive buy orders as $2,500 beckons. The MACD shows that the uptrend is not secured and declines will likely come into the picture. Ethereum has been on an upward role since the beginning of March, as observed on the daily chart. The...
Ethereum price looks forward to rising triangle breakout following the consolidation around $140. ETH/USD has a short term bullish bias based on the up-trending RSI. Ethereum price is stuck under a key resistance (seller congestion zone) between $140 and $142. While the resistance at $142 is a hard nut to crack, sustaining gains above $140 is an uphill task...
A simple chart that shows the 2 main scenarios for bitcoin for the next year IMHO. Price needs to reclaim the 6k area and CLEARLY hold, closing above that 6k low range in weeky candle and showing strength, and we could be talking about the start of the new bull cycle. But if the price doesn't hold above 6k, and starts loosing that area without closing clearly...