ETHUSD ❕ broke up the downward channel Long

Ethereum / U.S. dollarBitstamp

Description

⋅ Oct 3, 2022 3:53 PM

Resumed growth in trading volumes on a breakout of the local downtrend channel.
On the RSI, the chart also broke through the downtrend line and returned to the bullish zone (4H TF)
I think that ETH can grow in case it holds above the support.

Comments

Michael_Winner

⋅ Oct 4, 2022 1:59 PM

Interesting analysis, appreciate this effort for eth chart

ProjectSyndicate

⋅ Oct 4, 2022 10:18 AM

short-term bullish structure more gains possible

P_S_trade

⋅ Oct 4, 2022 9:06 AM

Nice work

MadWhale

⋅ Oct 4, 2022 8:52 AM

agree here sir 👌👍📖

KlejdiCuni

⋅ Oct 4, 2022 7:20 AM

I agree with you. DXy is dumping as well and it should help on the bullish movement.

AkhiPrajapati

⋅ Oct 4, 2022 6:52 AM

Excellent charting

Serana2324

⋅ Oct 4, 2022 3:01 AM

Nice and detailed analysis!

KABHI_FOREX_TRADING

⋅ Oct 4, 2022 1:46 AM

Amazing analysis..Good work..

KinaStar

⋅ Oct 3, 2022 11:02 PM

it's happening!!! thank you

SwallowPremium

⋅ Oct 3, 2022 10:43 PM

Excellent overview, thanks for sharing!!