Description
⋅ Watch ETH as it approaches the TL support of the parallel channel at $360.
BULL CASE:
- SWP long-tail wick to 350 TL support
- RSI bullish divergence
- Volume confirmed bounce
BEAR CASE:
- Breakdown of TL support
- Volume increase on dump
- Retest of channel TL as resistance
Channel Support
Supply/Demand
RSI moving Average