ETHUSD AWAITS CLEAR PATTERN BREAK
Ethereum is trading inside a neutral symmetrical triangle pattern, as second largest cryptocurrency struggles find a directional bias. Indicators are currently trading flat for the ETHUSD pair, with the broader cryptocurrency market largely in a sustained period of consolidation. Sellers will attempt to break the $185.00 support level, while buyers need to move price above the $207.00 level.
The ETHUSD pair is only intraday bullish while trading above the $207.00 level, key resistance is found at the $225.00 and $250.00 levels.
If the ETHUSD pair trades below the $185.00 level, sellers may test towards the $170.00 and $158.00 support levels.
The ETHUSD pair is only intraday bullish while trading above the $207.00 level, key resistance is found at the $225.00 and $250.00 levels.
If the ETHUSD pair trades below the $185.00 level, sellers may test towards the $170.00 and $158.00 support levels.
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