BITFINEX:ETHUSD   Ethereum
Buyers are moving near the upper border of the flag.
We should expect a reaction from resistance $ 247, since we can roll back under pressure to support $ 225, which is unlikely.

But since the price has not reached the lower border of the flag, it is more likely to break through the upper border and break through the resistance $ 247 with growth to $ 255 (the stops of many medium-term shorts).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.