ETH bottom of upward channel
I have been watching so many other charts, I forgot about ETH. What is interesting is that it looks like ETH hit the bottom of the upward channel (white lines) that it has been in for quite some time.
It should be noted that ETH did break out of a wedge (green lines) and is now retracing from the downfall out of the wedge, so it very likely is easily possible that it will continue downward after a retracement upward. But I do find it interesting looking at this chart and seeing that it hit right on the wedge that I drew a month ago, so there is also the possibility that this is the bottom of that wedge.
Either way, it should be interesting to see which direction it heads over the next few days.
It should be noted that ETH did break out of a wedge (green lines) and is now retracing from the downfall out of the wedge, so it very likely is easily possible that it will continue downward after a retracement upward. But I do find it interesting looking at this chart and seeing that it hit right on the wedge that I drew a month ago, so there is also the possibility that this is the bottom of that wedge.
Either way, it should be interesting to see which direction it heads over the next few days.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.