Ethereum Technical Analysis: ETH/USD big near-term bullish indicators, with flag waving waiting for bull charge

  • Ethereum price seen trading broadly flat in the latter stages of trading on Tuesday.
  • ETH/USD has edged out of a bullish flag pattern, inviting further buying pressure.


ETH/USD 4-hour chart


Spot rate:                  288.73

Relative change:       +0.10%

High:                          293.04

Low:                           280.85


Trend:                        Neutral


Resistance 1:            290.00, upper part of bull flag.

Resistance 2:            293.04, today's (Tuesday) high.

Resistance 3:            300.00, large psychological resistance and supply zone.

Support 1:                  283.89, 50MA.

Support  2:                 279.00, lower part of flag.

Support  3:                 270.00, demand zone. 


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