Ethereum Holding Local Uptrend in Bull Flag — Price Analysis - CryptoGlobe

ETH chart by TradingView A large bullish RSI divergence on a double bottom, and a flat trajectory up on the histogram, are the other indicators to note on this chart. ETH chart by TradingView With another leg up, we can easily imagine Ethereum leaving its previous MTF downtrend, illustrated here as the grey parallel channel.What is lacking here, it seems, is volume enough to push Ethereum up into a stronger uptrend (Binance).

Finally, turning to the weekly ETH/Dollar pairing, we see a healthy picture that supports the bullish ETH/BTC charts. ETH chart by TradingView So far, it looks likely that the MTF uptrend, comprised of five weeks of positive price action, may well hold.

Timeline of Ethereum