Long-term logic: Because it came out of the orange channel, it will probably form a new channel.
Short-term logic: ETH exits the blue channel 1 so it will probably stabilize in channel 2 or 3.
To buy: If ETH hits the floor of channel 2 and comes back, be sure to buy and the profit limit will be the ceil of channel 2.
Short-term logic: ETH exits the blue channel 1 so it will probably stabilize in channel 2 or 3.
To buy: If ETH hits the floor of channel 2 and comes back, be sure to buy and the profit limit will be the ceil of channel 2.