Ethereum Technical Analysis: ETH/USD bullish pennant pattern breakout eyed
|- Ethereum price on Wednesday is moving within consolidation mode, nursing minor losses of some 0.19%.
- ETH/USD price action has formed a bullish pennant pattern formation, subject to a breakout.
- The price is moving within consolidation mode, awaiting next committed move.
Spot rate: 166.50
Relative change: -0.19%
High: 168.91
Low: 165.51
ETH/USD 60-minute chart
- 60-minute chart view sees the price moving within a near-term bullish pennant pattern, similar to the daily.
ETH/USD daily chart
- Price action is moving within a bullish pennant pattern via the daily
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