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  • Ethereum price is trading in the green by 1.15% in the session on Tuesday. 
  • ETH/USD has been moving within consolidation mode over the last few sessions.
  • The price to move into a definitive trend needs to break down $200 to the upside, or $150 to the downside. 

ETH/USD daily chart

Price action has formed a potential bearish flag via the daily chart view, at risk of a breakout to the downside. 

ETH/USD 60-minute chart

The price movements via the 60-minute chart view remain very much directionless, with supply observed from $157-159. There is the possibility of a bullish pennant breakout. 

Spot rate:                      153.38

Relative change:          +1.15%

High:                             159.2658.81

Low:                              155.61