ETH 1h was dropping slowly inside a channel, this is a bullish channel, short term target 328.
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ETH broke out from the upside of the channel finally. If someone don't know what is a bullish channel is, I can explain it more:
In the channel, price was dropping slowing, because the power of sellers was still greater than some of the smart buyers. As the number of smart buyers was still small, the resulting force would project a downward trend with a clear channel until the power of sellers exhausted.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
In the channel, price was dropping slowing, because the power of sellers was still greater than some of the smart buyers. As the number of smart buyers was still small, the resulting force would project a downward trend with a clear channel until the power of sellers exhausted.