Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels.
It has closed above the level on daily time frame and is taking resistance form is 20 ema .
A nice morning star pattern is there on a daily time frame and trading between the moving averages.
On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema .
Support :- 3100, 3040, 2960
Resistance :- 3198,3320
There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame.
Wait for the price action and candlestick pattern near the levels.
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