Ethereum (ETH) Could Dip And Rip Again, Bitcoin Turns Bullish

Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar.
The price is likely to remain in a positive zone as long as it is above $120.
There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin is showing green signals as it settled nicely above the $7,000 resistance area.Ethereum price is consolidating above $125 versus the US Dollar, similar to bitcoin above $7,000. ETH price might dip a few po