How long will the ascending channel of Ethereum hold?
How long will the ascending channel of Ethereum hold and what happens if it breaks?
Until now the price is guided by whale hand to stay in this channel, supporting it at the bottom of this channel and keeping it from overheating.
Every channel breaks sometime. If this channel breaks, there will be a strong reaction.
At the moment I lean to a break to the downside - contrarian to everyone else it seems. This would offer buying opportunities around 3,400$. Watch it carefully!
Until now the price is guided by whale hand to stay in this channel, supporting it at the bottom of this channel and keeping it from overheating.
Every channel breaks sometime. If this channel breaks, there will be a strong reaction.
At the moment I lean to a break to the downside - contrarian to everyone else it seems. This would offer buying opportunities around 3,400$. Watch it carefully!