Bottom of channel up

By ShanesNotes
ETH has been trading within a parallel channel since the low around 1700. You can see that the trend has corrected to the bottom trend 4 times now. This time there is a bearish divergence on the 4hr RSI, however it is not replicated on the MACD. I am personally still long, but more so just hopeful that it remains in this channel for easy scalp setups.
Chart PatternsTechnical IndicatorsTrend Analysis

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