Here on 4hr chart we see ETH has been consolidation in a very nice bullish formation (you can consider it as a bull flag or bull pennant).
Once ETH takes out the recent highs (which I marked as 'Key area to break') we could see another explosion in ETH price.
The complete move from this flag could take ETH to 400$ range, this area also coincides well with the long term resistance zones. I have market 2 of these long term resistance zones here,
These levels acted as a huge SR levels in past and are very good indicators for take profit zones or long entry set ups.
Once ETH takes out the recent highs (which I marked as 'Key area to break') we could see another explosion in ETH price.
The complete move from this flag could take ETH to 400$ range, this area also coincides well with the long term resistance zones. I have market 2 of these long term resistance zones here,
These levels acted as a huge SR levels in past and are very good indicators for take profit zones or long entry set ups.
