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ETH/USD Technical Analysis: The technical pattern break sends prices higher

  • Ethereum trades half a percent higher today as crypto sentiment remains mixed.
  • There is a bull flag on the intraday chart that points to some more bullish momentum.

ETH/USD 30-Minute Chart

Ethereum has broken the bull flag chart pattern on the 30-minute chart.

The pole of the formation kicked off on Wednesday after the price hit a low of 141.44.

Sometimes patterns can come back to retest so be aware but the initial signs are good.

The wave high resistance is 155.95 so a break and close above that level is key.

Additional Levels

ETH/USD

Overview
Today last price 154.18
Today Daily Change 1.13
Today Daily Change % 0.74
Today daily open 153.05
 
Trends
Daily SMA20 171.45
Daily SMA50 176.98
Daily SMA100 180.86
Daily SMA200 214.4
 
Levels
Previous Daily High 156.02
Previous Daily Low 141.4
Previous Weekly High 186.47
Previous Weekly Low 138.19
Previous Monthly High 199.04
Previous Monthly Low 153.28
Daily Fibonacci 38.2% 150.43
Daily Fibonacci 61.8% 146.98
Daily Pivot Point S1 144.3
Daily Pivot Point S2 135.54
Daily Pivot Point S3 129.68
Daily Pivot Point R1 158.91
Daily Pivot Point R2 164.77
Daily Pivot Point R3 173.52

 

 

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