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MadWhale
Dec 27, 2021 2:03 PM

ETHEREUM close to channel resistance ๐Ÿงจย 

Ethereum / TetherUSBinance

Description

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Here the price broke the the previous ascending channel and made a new descending channel โœ”
and now
the price is close to channel resistance and we expect correction for the price and our target are located on the chart ๐ŸงจโŒ

second possibility
the price start to break the channel resistance here and if satay above this line we can expect gaining for the price ๐Ÿš€

This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
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Comments
jovanstojanov12
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Interesting chart, I am seeing more of a descending triangle at my chart, but this is also amazing! Do you think its too late for another short from current price?
P_S_trade
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Thanks for sharing
KlejdiCuni
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I agree with your analysis. I have the same corrective daily pattern that I am watching. Both scenarios that you pointed out are valid.
UnknownUnicorn18552923
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Interesting chart ! Thanks
Vibranium_Capital
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very nice! keep it up
TradePlus-Fx
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I am waiting price at previous highs) Good view) thanks!
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