Bixley

ETHUSD - Trying to Break the Down Channel

Long
BITSTAMP:ETHUSD   Ethereum
This is the 4Hr chart for ETHUSD
Price is sitting right above the channel down
Sitting above like this could be cause for concern of a downward movement or a potential break in the larger channel.
I suspect a channel break will come soon, this is shown with the curved green line, showing an up movement.
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