Ethereum price shows more fluctuations around the neckline of the inverted head and shoulders’ pattern, and we still waiting to breach 127.00 level to confirm rallying towards our positive targets that begin at 137.24 followed by 154.00.
Stochastic shows positive signals now, while the EMA50 supports the price from below, thus, the chances are valid to resume the expected bullish wave for the upcoming period, which its continuation conditions holding above 116.50.
The expected trading range for today is between 116.00 support and 137.24 resistance
The expected trend for today: Bullish