Both Moving have always acted as strong supporters and resisters. Given that the price is now moving closer to the moves and the middle channel, we have to wait and see. It should be seen which side is broken.
To make a deal, decide with you:)
On a weekly chart, we see a regular move. Ethereum should break the channel's resistance upwards. We also see two tight support levels, which may have triggered price fluctuations in the same range for some time.
Previous analysis in daily time.
Bitcoin's rally has been very weak so far. Yesterday's drop was a first signs that the rally is not that strong yet. because major resistence but But the upside rally starts. moving in big triangle. but now we can see moving up to the resistance line of this triangle.