Rico ๆฐๆ
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๐ $ETH Technical Outlook โ Bullish Flag in Play
Ethereum is currently forming a bullish flag pattern following a strong upward rally โ a classic signal for potential trend continuation. The price is consolidating in a downward-sloping structure, typical after a major impulsive move.
๐ Key Highlights:
โข โ A clear sequence of Higher Highs (HH) and Higher Lows (HL) indicates a strengthening bullish trend.
โข ๐ The flag formation matches textbook bullish continuation characteristics.
โข ๐ RSI previously showed bullish divergence, reinforcing the case for resumed upside momentum.
๐ธ Outlook:
If ETH forms another higher low and breaks above the flag resistance, a strong move toward the $3,000โ$3,500 zone is likely.
Ethereum is currently forming a bullish flag pattern following a strong upward rally โ a classic signal for potential trend continuation. The price is consolidating in a downward-sloping structure, typical after a major impulsive move.
๐ Key Highlights:
โข โ A clear sequence of Higher Highs (HH) and Higher Lows (HL) indicates a strengthening bullish trend.
โข ๐ The flag formation matches textbook bullish continuation characteristics.
โข ๐ RSI previously showed bullish divergence, reinforcing the case for resumed upside momentum.
๐ธ Outlook:
If ETH forms another higher low and breaks above the flag resistance, a strong move toward the $3,000โ$3,500 zone is likely.
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