Salaam
ETH broke the ascending channel in H4 TF.
Until it's above 1970, it will be still bullish otherwise it could retrace some more.
If the daily candle closes above the channel, the channel will be considered broken.
the first support is about 1860 and the first resistance above 2200.
Note that nowadays the crypto market is very volatile so if you trade place the SL far enough away to avoid it hit your SL and go away!!
have a good trade.
***Risk Management PLEASE
ETH broke the ascending channel in H4 TF.
Until it's above 1970, it will be still bullish otherwise it could retrace some more.
If the daily candle closes above the channel, the channel will be considered broken.
the first support is about 1860 and the first resistance above 2200.
Note that nowadays the crypto market is very volatile so if you trade place the SL far enough away to avoid it hit your SL and go away!!
have a good trade.
***Risk Management PLEASE