ETH has been consolidating for nearly 10 days now, after a huge move from the 1500's to 2100$.
With the market rallying over the last couple of days, I see a decent probability for ETH to break out of this bull-flag and continue the rise up. Bull-flags are bullish continuation patterns, to bullish price action is the most likely result from this pattern.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.