Weekly Technical Analysis of Ethereum Price 19 February

Ethereum has hit $ 134 and has reached higher levels. ...


Ethereum has hit $ 134 and has reached higher levels. The next goal of the Ethereum upgrade is $ 167. There are good signs for Ethereum, and traders can enter into trades by following cautious aspects.

 

Expecting a break in the resistance of $ 167 and climbing higher levels of Ethereum.

The 20-day moving average has a slope and the relative strength index (RSI) has entered the saturated area. The signs of the loss of buyers are indicative of salespeople.

The probability of forming a bullish triangle pattern for Ethereum is high. The bullish outlook will lose credibility if it falls below $ 134.