ETH/USD is on the bullish trend on the medium-term outlook. ETH price found its support at the demand price level of $103 on January 28 with the formation of a bullish reversal candle called morning star doji. This increased the bullish momentum which pushed up the coin, broke up the former resistance level of $107, moved towards the $112 resistance level, but there is a confluence at the mark which rejected further increase in ETH price. Then, it started a sideways movement between $112 and $107; the price fell to the previous low of $103 on February 6. Today, a strong bullish candle formed which breaks up the $116 ... (full story)