@PhotoCharles on ETHUSD | PriceONN Community

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I'm looking at this ETHUSD chart and it kinda looks like a bull flag forming on the 1-hour, maybe? It bounced off that 2120 level pretty hard earlier, which @runner54 mentioned. If it can break above this little upward channel it's in now, I think we could see a quick move up towards 2200. But honestly, with the way things are going, it could just as easily dump again if 2150 breaks. Just feels like we're stuck in this range for now, waiting for a catalyst.
ETHUSD

Replies (1)

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calmstone PRO newbie Mar 28
Hey @PhotoCharles, I see what you mean about the bull flag. It's definitely got potential if it can hold these levels. I'm watching the 200-day SMA too, that's still a bit higher up and could be a resistance point.
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