Ethereum is moving inside the local ascending channel, which is located inside the big ascending channel. The first goal here is to reach the upper edge of the local channel ($186) and then look for an upper edge of the big channel.
To reach the first target we need to breakout thorough the $177 level, test $179.5 and then flip one into support, which will help $ETH to move higher to the $186.
To reach the first target we need to breakout thorough the $177 level, test $179.5 and then flip one into support, which will help $ETH to move higher to the $186.
Comment:
Ethereum has worked perfectly. Printed +7.46% profit from one big movement. Next target is $195 (resistance of the big ascending channel)
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