EthereumLong
ETH fighting heavy resistance at 3225 to 3365 zone but bullish
ETH now at the heavy resistance zone. It is also near the edge of the falling wedge as well as the cloud.
Good news is that ETH bounced off the lower upchannel ( also the pink dma20 line) with a big green candle launching it into the cloud & right now it seems to be consolidating & forming a flag to push it exactly above the cloud in this daily chart. That will be very bullish.
Bollinger Band & dma50,5 & 10 pointing upwards looking bullish.
We will soon see whether the bears or the bulls shall win this time.
Trade with caution
Good news is that ETH bounced off the lower upchannel ( also the pink dma20 line) with a big green candle launching it into the cloud & right now it seems to be consolidating & forming a flag to push it exactly above the cloud in this daily chart. That will be very bullish.
Bollinger Band & dma50,5 & 10 pointing upwards looking bullish.
We will soon see whether the bears or the bulls shall win this time.
Trade with caution
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