Ethereum Technical Analysis: ETH/USD bulls gains are protected by ascending trend line

• Ethereum seen up with gains of 2.4% in the session on Tuesday, looking to extend path of recovery.  
• ETH/USD bulls spared from blushes as the price is caught by ascending trend line.  

ETH/USD 60-minute chart

Spot rate:                    277.19

Relative change:        +2.4%

High:                           286.24

Low:                            269.78

Trend:                         Bullish
 

Resistance 1:              288.44, 50MA.  

Resistance 2:             294.26, 100MA.

Resistance 3:             305.00,  (resistance on 60-minute chart).

Support 1:                    272.50, ascending trend line.

Support    2:                  269.78  , today’s (Tuesday) low & demand zone.

Support    3:                  250.09, 14th August low.