Ethereum Price Analysis ETH / USD: Slow Advance
From cryptobriefing.com
Ethereum has a bearish short-term trading bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that after a brief period of price consolidation, a bullish breakout from a neutral triangle pattern has occurred. Technical indicators on the four-hour time frame are now starting to issue buy signals. Pattern Watch Traders should note that the $260.00 and $280.00 levels are the likely upside targets of the bullish triangle pattern breakout. Relative Strength Index The RSI indicator on the four-hour time frame is bullish, although it has ...
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