Ethereum follows a tringle pattern.
In the last days a symmetric triangle has follewed up.
MACD is neutral to bullish an RSI is also neutral.
Ethereum has not been infected from the movements of bitcoin and bitcoin cash (only shortly for several days).
The result of the symmetric triangle should be an outbreak to the top.
On the other hand, the support level is nearby at 285$.
Resistance level is at about 318$ what is also the next Fibb Retracement (longer and shorter Fibb Retracements).
In the last days a symmetric triangle has follewed up.
MACD is neutral to bullish an RSI is also neutral.
Ethereum has not been infected from the movements of bitcoin and bitcoin cash (only shortly for several days).
The result of the symmetric triangle should be an outbreak to the top.
On the other hand, the support level is nearby at 285$.
Resistance level is at about 318$ what is also the next Fibb Retracement (longer and shorter Fibb Retracements).