ETHERIUM, similar to Bitcoin, and most other cryptos, is currently in the descending channel.
For the first recovery signs to be in place, we would need to
1. hold the major support around 2200 area.
2. break from the channel to the upside and ideally to confirm (to make sure it's not a dead cat bounce).
For the first recovery signs to be in place, we would need to
1. hold the major support around 2200 area.
2. break from the channel to the upside and ideally to confirm (to make sure it's not a dead cat bounce).
If it holds, can turn into support.