ETH: FACING RESISTANCE HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is forming a triangle like pattern in 4hr time frame and currently facing resistance at the upper trendline. There is also a 200MA strong resistance.
For a short term bullish rally, ETH needs to break and hold above this 200MA. In case of rejection we might test the support level again. Supports for ETH is at $1270 and $1240 level.
Hope this chart will help you.
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