ETHUSD BULLS NEED TO BREAK $215.00 LEVEL

Ethereum continues to trade to the upside following Monday’s strong technical break above key trendline resistance. Going forward, buyers need to break above the important former swing-high, at $215.00, to keep the recent bullish momentum intact. ETHUSD sellers will likely attempt to move price below the $200.00 level and target trendline support.

The ETHUSD pair is intraday bullish while trading above the $191.00 level, key resistance is found at the $215.00 and $242.00 levels.

If the ETHUSD pair trades below the $191.00 level, sellers are likely to test towards the $184.00 and $179.00 support levels.