datsuntran

ETH stuck in a downward channel

COINBASE:ETHUSD   Ethereum
ETH has been stuck in a downward channel since November 6th. The movement will be restricted by the recent cycle's R/S which should come to a head in the converging triangle on November 23rd. The 50MA is well above the 200MA on the 4HR chart.
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.