has recovered higher in early Friday trade after finding strong technical support from the $220.00 level. The ETHUSD
pair is currently trapped within a neutral triangle pattern
on the four-hour time frame. A bullish
breakout from the triangle pattern
would take the ETHUSD
towards the $330.00 level, while a bearish
breakout may see a move towards the $180.00 support level
pair is intraday bullish
while trading above the $245.00 level, key resistance is found at the $275.00 and $330.00 levels.
If the ETHUSD
pair trades below the $245.00 level, key support is found at the $220.00 and $180.00 levels.