NajjarTrading

ETH CHANNEL FORMATION (TARGETS + NEXT MOVE)

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POLONIEX:ETHUSDT   Ethereum / Tether USD
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ETH is at support, and we are currently in a descending channel, which usually breaks to the upside, so it is safe to say that we could see a reversal here and go to our targets:
2.4k
2470
2520

Keep in mind we should see how BTC reacts to know what could happen here (link below)


Support: Blue area
Resistance: 2.4k

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What do you think?

Good luck traders,

Not financial advice
Manage risk and leverage
DYOR


NajjarTrading

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