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Welcome to the new ETH update. ETH is currently trading above $1900 level.
As you can see in the chart, it is forming a bull flag kind of structure in 4hr time frame and already has a breakout. After the breakout, it is currently retesting it. After this successful retest, we can expect a pump from ETH.
Although we have a strong resistance around the 2k level so for further confirmation it needs to break and hold above the 2k level. If it holds above the 2k level then the short-term target is $2200
Invalidation:- If any 4hr candle closes below $1870, then this bullish scenario got invalidated.
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