Ethereum has been falling slowly in a descending channel.
If price rejects the top of channel and keep falling, then will be looking for short.
If price Breaks above the channel, will be looking for a retest of the "Resistance-turned-support" before price goes for a bull run. Depending on the momentum of the initial bull run, we may not be able to get a retest and would have to look for entries on the continuation.
If price rejects the top of channel and keep falling, then will be looking for short.
If price Breaks above the channel, will be looking for a retest of the "Resistance-turned-support" before price goes for a bull run. Depending on the momentum of the initial bull run, we may not be able to get a retest and would have to look for entries on the continuation.
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