Get started
Cryptocosh

Ethereum in Channel? ETHUSD@Bitfinex

Ethereum (BITFINEX:ETHUSD)  
Cryptocosh Updated   
BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Ethereum (Cryptocurrency)
2
1
trendanalysis chartpattern ethereum
snapshot
We see BTC in a small bear flag, but Ethereum seems to me is trying to break the bounds with BTC.
Just FYI. I wonder if Ethereum will follow this channel. Now it is messing around MA20 on 1h chart.
What do you think, will ETH eventually drop below, or move inside this channel, or maybe squeeze upwards?
Comment:
Seems channel is valid. Bounced from lower part of it and now testing EMA50 on 1hr chart. Next stop is 100EMA that equals upper line of my channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.