ETHUSD is moving inside a channel (in the chart highlighted in yellow),
that over the short term, will lead the price to form a higher high.
But there's still a high likelihood that the price would
want to revisit the lower end of the channel, at least,
one more time before finally resuming the uptrend.
One way or the other, this is pretty much the outlook.
Position yourself based on the price behavior, keeping
in mind what we have just said.
that over the short term, will lead the price to form a higher high.
But there's still a high likelihood that the price would
want to revisit the lower end of the channel, at least,
one more time before finally resuming the uptrend.
One way or the other, this is pretty much the outlook.
Position yourself based on the price behavior, keeping
in mind what we have just said.