halleys5

What does the widening channel mean??

BITFINEX:ETHUSD   Ethereum
I like the direction of the new ETH mim-channel, but it does seem to be diverging. I have no idea what that means.
I also like the RSI direction.
Maybe this means a volatile increasing price mid-term?
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.