Eth has been respecting that 21 EMA nicely with a good few bounces. It also looks to be forming an ascending triangle which could indicate a further upward move
It's interesting as the chart pattern plays out. Yesterday it seemed bearish, but the bounce on the ema indicates the bulls are not giving up.
It's interesting as the chart pattern plays out. Yesterday it seemed bearish, but the bounce on the ema indicates the bulls are not giving up.