ETH - will leave the channel in the wake of bitcoin?!
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Ethereum similarly built an ascending channel only already at 4H TF and is also actively pressing the support of the pattern, from which we can probably get a small reaction from the buyer, a small rebound)
While the main local support for ETH remains the level of $1825, which was already tested last week, I wrote about this support and there were plans to exit the short position there, but plans changed and I closed the position earlier.
As you understand, my thoughts are on a downward movement and an exit from the channel at a breakdown of the support level or through a small rebound and the first target will be the range of $1820-1800
So far, only from marginal Bitcoin positions to short with TBX $31,250
Ethereum similarly built an ascending channel only already at 4H TF and is also actively pressing the support of the pattern, from which we can probably get a small reaction from the buyer, a small rebound)
While the main local support for ETH remains the level of $1825, which was already tested last week, I wrote about this support and there were plans to exit the short position there, but plans changed and I closed the position earlier.
As you understand, my thoughts are on a downward movement and an exit from the channel at a breakdown of the support level or through a small rebound and the first target will be the range of $1820-1800
So far, only from marginal Bitcoin positions to short with TBX $31,250
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