Careful with ETH here

ETH, which continues being rejected on the $1,700 support. As we have been commenting the last 2 weeks...the main horizontal resistance. For now holding the local uptrend support, looking for a final squeeze there.

But as with Bitcoin, I would be careful, the risk/reward to add positions here...ugh not really interesting, the H&S pattern remains there, and as with BTC I think a longer consolidation is needed.

So I would plain wait for a small correction/consolidation to add positions there or just wait for the breakout confirmation.
Chart PatternsETHEthereum (Cryptocurrency)ETHUSDETHUSDTTechnical IndicatorsTrend Analysis

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