$ETH. Wedge setup. Slow bullish trend.

ETHUSD pair shows the stable uptrend move won't allow the price range to fetch the changes outside the lower bound. At this stage, the Probability for the Instant highs is not possible. So I guess the price will slide between borders until the good or bad news.

Support:

~ Trend Line
~ EMA 20 & 50 Lines
~ Support LVL $230

Resistance ~$420 - $440

Enter ~ $230 - $250

TP ~ around the resistance level or higher.

As well, I see BNB as the main competitor of ETH, why?
Increasingly, the projects use IOE instead of ICO. And this trend is gaining momentum...

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