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


Today last price 166.62
Today Daily Change -0.28
Today Daily Change % -0.17
Today daily open 166.9
Daily SMA20 160.18
Daily SMA50 145.78
Daily SMA100 135.36
Daily SMA200 150.96
Previous Daily High 168.22
Previous Daily Low 159.49
Previous Weekly High 187.51
Previous Weekly Low 159.85
Previous Monthly High 147.03
Previous Monthly Low 123.9
Daily Fibonacci 38.2% 164.89
Daily Fibonacci 61.8% 162.83
Daily Pivot Point S1 161.52
Daily Pivot Point S2 156.14
Daily Pivot Point S3 152.79
Daily Pivot Point R1 170.25
Daily Pivot Point R2 173.6
Daily Pivot Point R3 178.98


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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