Ethereum has been following several channels. ETH spent some significant time inside the bottom two channels, and has now entered a new top channel. Will it spend as much time within this upper channel?
If you scroll back you will see this upper 3rd channel lines up with another trend line from months back.
Wanted to share this chart, it may be helpful as a base template for further analysis. There is a major demand zone as well as some resistance zones flipped into key support levels.
If you scroll back you will see this upper 3rd channel lines up with another trend line from months back.
Wanted to share this chart, it may be helpful as a base template for further analysis. There is a major demand zone as well as some resistance zones flipped into key support levels.