Ethereum moving within channel on hourly chart

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Ciao Traders,

As in the chart we can see Ethereum is moving within the marked channel, if we break south the next support is 215USD level as 200SMA hourly, in case of strong break the next support will be 175USD level as 50SMA daily, breaking on the upside will lead us to the recent highs.
Wait for action next to the bounderies of this channel.
トレード稼働中
Bounced off low trendline
トレード稼働中
Touching resistance
トレード稼働中
Moving up
トレード稼働中
Bouncing from support again
トレード終了: 利益確定目標に到達
Broke channel to the upside
New channel must be defined as per price action
Chart PatternsEthereum (Cryptocurrency)ETHUSDETHUSDTLONGParallel ChannelshortTrend Analysis

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