Ethereum is currently trading within the range seen in the bottom and top white lines, which are the support and resistance.
We also have an uptrend as seen per the blue line indicating a sort of ascending triangle.
In most cases ascending triangles are bullish, however for us we still need to come down to the support to confirm it as a proper support.
Once we do we should bounce and go back to the resistance.
We also have an uptrend as seen per the blue line indicating a sort of ascending triangle.
In most cases ascending triangles are bullish, however for us we still need to come down to the support to confirm it as a proper support.
Once we do we should bounce and go back to the resistance.