The ETH might break this channel, so pay close attention 😲😲

There is some uncertainty on the Ethereum chart, locally you can see that the ETH is trading in a channel along the lower boundary, as the price rises we can also see the volume decrease, which is not a good signal, if the price breaks this channel and tests it as a resistance, it might be a good opportunity to go short with the targets noted below.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

Commentaire:

False breakdown, the price has not tested the lower boundary as resistance, in this case, trades were not opened!
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