ETH has been slowly rising and now forms a bull flag on the 15 minute time frame. Support is just under $196. Although this rising patter is inherently bearish, we have seen these types of patterns break to the upside as well.
Note
Trade closed: target reached
Note
More bullish consolidation/movement up is still possible.
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Disclaimer
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.