We are moving in a descending channel, my plan is to short ETH if price is rejected at 370 resistance level, so we can expect for a continuation to the support level at 352
In the char we can see the price reaching upper side of the big ascending triangle, if price bounce from here, we can expect for a short to the lower level, although we can see a long term uptrend, for now we are on 61 rsi creating a new pottencial peak that leads prices to the lower band
It looks like a broken trendline is very possible since prices has printed a new minor level, this confirms a trend change and possible beggining of correction from last rally from 86 to 176, that represents a 104% in one month, so a new downward trendline is being printed.