is attempting to push higher in early Wednesday trade as the second largest cryptocurrency by market capitalization holds above major weekly support. Buyers need to break above the current 2019 trading high in order to encourage fresh technical buying in the ETHUSD
pair. The Ichimoku
indicator is currently showing that the $160.00 and $148.00 levels are the key support levels to watch.
pair is only bearish
while trading below the $160.00 level, key support is found at the $148.00 and $125.00 levels.
If the ETHUSD
pair trades above the $160.00 level, key resistance is found at the $185.00 and $210.00 levels.