ETH/USD TA - 6-May-2021

in hive-110112 •  4 years ago 

ETH/USD 4H chart

image.png

A bull flag is taking shape in the ETHUSD 4H chart, our levels of interest here are the support in the 3200 zone and the resistance at 3560.
A retest of the support level or the ascending trendline would be a good buy entry with the resistance as target.
A confirmed breakout of the resistance will fuel further upside momentum .

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!