Potential retest of trend channel high
ETH has overshot the support line of the trend channel line after a protracted bear trend down, which is a good signal for a long. If there is a higher low test of the bear trendline (not drawn, but can be inferred), you can open a long position for a potential 10% profit there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.