Home Ethereum Technical  Analysis: ETH/USD big near-term bullish indicators, with flag waving waiting for bull charge
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Ethereum Technical  Analysis: ETH/USD big near-term bullish indicators, with flag waving waiting for bull charge

  • Ethereum price seen trading broadly flat in the latter stages of trading on Tuesday.
  • ETH/USD has edged out of a bullish flag pattern, inviting further buying pressure.

 

ETH/USD 4-hour chart


 

Spot rate:                   288.73

Relative change:        +0.10%

High:                           293.04

Low:                            280.85

 

Trend:                         Neutral

 

Resistance 1:              290.00, upper part of bull flag.

Resistance 2:             293.04, today’s (Tuesday) high.

Resistance 3:             300.00, large psychological  resistance and supply zone.

Support 1:                   283.89, 50MA.

Support    2:                  279.00, lower part of flag.

Support    3:                  270.00, demand zone.  

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