Ethereum moving in a symmetrical triangle pattern and is consolidating near its short term resistance zone. If it starts trading above 1690 it looks good till 1830 level.
Comment:
Ethereum moved to 1850 level and is consolidating in a bullish flag pattern in an hourly chart.
If it successfully moves above 1860-1870 level then it seems that 2000 is on cards.
But since Bitcoin is facing resistance at 54500 level it seems that a move till 1750 is possible before taking down 2000.
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If it successfully moves above 1860-1870 level then it seems that 2000 is on cards.
But since Bitcoin is facing resistance at 54500 level it seems that a move till 1750 is possible before taking down 2000.