ETH breaks MA50 and on another retest of the resistance the pair breaks through the resistance and exits the range, after which it forms a consolidation above the line. If the bulls hold the price in the new channel, the coin will begin its strengthening
The last few days the activity on the market is increasing, and we can assume that it all happens against the background of the economic fundamentals regarding the dollar. The moving averages are acting as support. MA200 coincides with the lower boundary of this uptrend channel, confirming the support line
Strong support: 1880, 1846
Strong resistance: 1920, 1941
I expect that under the pressure of the bullish trend and sentiment, eth will continue to 2021 followed by a breakout and strengthening to channel resistance