BINANCE:ETHUSDT   Ethereum / TetherUS
NFA, DYOR, everything I see on the chart. The previous breakout was fake, this down channel is drawn on daily TF with only candle bodies included, dotted line above represents the extreme point of it. Price can go up from here but volume is low, I think one more push to the downside is needed to meet the daily demand zone and the trendline before price rises again, probably RSI will be oversold until then. Have good luck, and enjoy the process of learning.

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.