On the 30-minute timeframe the price trades within the ascending corridor. Now it is most likely that the previous trend will continue and the price will go down. Confirmation of the short - breaking through the level 166.2-166.55.
A global trend reversal of ETHUSD is being prepared. The price of ether may double, or at least grow significantly.
There are two arguments for long Ethereum:
1) Double bottom on timeframe 1 week.
2) The bulls again managed to get the price out of the 115$-150$ zone. A large volume is accumulated in this range. This is confirmed by both the horizontal and...