Moving upwards and then ranging there in a shorter time frame of 15 minutes, Ethereum is forming a clear flag pattern. From $3000 to $3200, Ethereum rallied more than 6% since yesterday. Ethereum is stuck below the near term resistance of of $3400, the 200 day-SMA however once it breaks this level, it will head towards our primary target at $3400, fib 1.414.
