ETH seems to have found support and is now breaking resistance
ETHUSD seems to have found support at $2,100 during the weekend and is now breaking up the triangle from previous resistance at $2,500.
1h Chart
The 1h chart starts to show bullish signs:
(1) Breaking up from triangle
(2) Laggard line crossing up price action
(3) Golden cross on 13EMA with 21 MA
(4) Starting green cloud
4h
The 4h chart also:
(1) The laggard line shows support at 2,300 vs. the previous 2,100 price
(2) Golden cross has formed yet
(3) Green cloud on formation
(4) Weak volume
Daily chart
The Daily chart is still bearish
(1) Laggard line still with a lot of room before hitting price action
(2) Price below red cloud
(3) Still lacking volume
1h Chart
The 1h chart starts to show bullish signs:
(1) Breaking up from triangle
(2) Laggard line crossing up price action
(3) Golden cross on 13EMA with 21 MA
(4) Starting green cloud
4h
The 4h chart also:
(1) The laggard line shows support at 2,300 vs. the previous 2,100 price
(2) Golden cross has formed yet
(3) Green cloud on formation
(4) Weak volume
Daily chart
The Daily chart is still bearish
(1) Laggard line still with a lot of room before hitting price action
(2) Price below red cloud
(3) Still lacking volume
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