Ethereum Consolidates Above $1,750, Why A Crucial Break is Almost Certain

[Btceth01]

Ethereum is still consolidating above $1,750 and $1,710 against the US Dollar. ETH price could soon either rally above the $1,850 resistance or dive towards the $1,550 support.
Ethereum is holding the key $1,750 and $1,710 support levels.
The price is currently trading below $1,800 and the 100 hourly simple moving average.
There is a connecting bearish trend line forming with resistance near $1,795 on the hourly chart of ETH/USD (data feed via Kraken).
The pair seems to be preparing a strong move with $1,710 as a pivot zone. Source