ETHEREUM - Mid-Term Analysis (Bullish Pennant)

Hello my friends! The price of Ethereum (ETH) is moving in a Bullish Pennant after a strong bullish move three weeks ago.
The volatility & volume is decreasing while the price is making lower highs and higher lows.
We can expect a breakout in the next days.
Our Confirmation Level is located at our Previous High (202.00). We can expect further growth if the price closes in this area.
We will wait for a break of the Resistance Line and take our position afterwards.

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Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only