ETH: Bullish Consolidation Holds Above $1800
ETH holds above $1800 with Michaël van de Poppe targeting $2300-2500 breakout on higher timeframe divergences and 4h MACD golden cross.
SourceAnalysis
ETH holds above the $1800 level as Michaël van de Poppe calls the structure a bullish consolidation before continuation toward $2000 and $2300-2500.
Price at $1907.22 sits inside Bollinger Bands with the upper resistance at $1921.68 while the MACD golden cross at 9.15 reinforces momentum above the EMA50 support of $1883.37 and EMA200 at $1833.6; RSI at 59.54 leaves room before overbought conditions trigger any healthy pullback to the 50-EMA.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
