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Ethereum in a bullish formation, look out for dips!

Por Tickmill
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Ethereum is rising nicely as expected and we can see an impulse Elliott wave formation with first major support at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure).

RSI (34) is seeing ascending support hold up price really well in this bullish run.

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Bitcoin (Cryptocurrency)Chart PatternscryptoCryptocurrencyEthereum (Cryptocurrency)ethereumideaETHUSDethusdideaethusdlongethusdshortHarmonic PatternsTrend Analysis
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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