ETH/USD breaks back into ascending channel?
Updated
Eth/USD has been showing signs of trend change from the upward angled channel that has built up for many months on the daily chart, to now being nocked out of this channel, as I've drawn it, for just shy of a full week.
If we zoom out, we can see that ETH is fighting some historical areas of support/resistance. Either way ETH being rejected here or hopping back into the upward channel, it seems like this market is moving into some larger price swings after a month of volatile but stagnant prices.
If we zoom out, we can see that ETH is fighting some historical areas of support/resistance. Either way ETH being rejected here or hopping back into the upward channel, it seems like this market is moving into some larger price swings after a month of volatile but stagnant prices.
Note
Note
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