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Solldy
Aug 18, 2022 3:20 PM

ETHUSD ❕ the price is under the channel Long

Ether / United States DollarCoinbase

Description

Ethereum has broken out of its uptrend channel and is now trading near its lower boundary.
Trading volumes show interest in the upside.
The RSI indicator has broken up the moving average (4H TF)
I expect that the growth can continue after the fixing above the resistance level. The further trend will depend on the reaction of ETH on the lower boundary of the channel.
Comments
Tradersweekly
Your volume assessment is wrong. There is nothing bullish about ETHUSD.
Artem_Dishel
Idea was reasonable
Mezmon2
Now that we've broken far below support of ~1.8k and testing support @ 1.7k, what do you see as next support levels?
mastershark
🔥🔥🔥
AkhiPrajapati
great work sir
FOREXN1
Bravo Nice Idea !
ProjectSyndicate
excellent mark-up of key s/r zones and levels on your chart
SwallowPremium
Damn it broke every support lvl it had. Well the correction was needed after such a pump
FullstackJack
@SwallowPremium, Don't worry, it will retest lows.
illuminating_trade
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