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Bull Consolidation Pattern for ETH!!

Ethereum caught momentum off the pivot level of $2143, and smashed through the next level at $2232, though unlike Bitcoin, it did not have enough steam to recover highs at $2400. It does seem to be forming a bull consolidation pattern and if the renewed exuberance in the crypto market can sustain, it may breakout to test $2400 again. After that, there is a vacuum zone to $2556. If this fails, then we will see support at $2143, and $2087. The Kovach OBV is flat for now, so it could go either way.

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ETH Breaks $2400!! Finds Support from Below

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