russellcmaxwell

Price at support level of Bull flag trend line. 1 hour Chart.

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BITSTAMP:ETHUSD   イーサリアム/米ドル
Looking at the 1 hour chart, price action seems to be holding at the bottom trend line of what appears to be the formation of a bull flag. Volume has decreased significantly as compared to the recent pump, signaling another move in the near future. I'm waiting to see if it's going to pump to higher ground or retest the bottom of the upper sloping channel, or possibly testing the 200 day EMA. Only time will tell.

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