I've made the downtrend with lines, But it doesn"t work very well. Too many lines
Smething looks wrong for now. A heavy resistance near 490 $. Psychological number ?
So I did a banana chanel. We are always in the downtrend chanel ! May be we are going up a little more... but we can go down slowly. Rejected by the downtrend chanel.
@Smoak, So, ETH is trapped under and old line support/resistance, the downtrend chanel, and the horizontal bullish line support (half april 2018) that is now resistance.