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ETH has stuck in a down trend channel from Nov 21, and since then, it could not break it upward strongly, notwithstanding the point that approximately more than 8 times has attacked upper line of the channel, no success was gained.
today Mar 09. 2022, the market was overally green and ETH low and high was $2500 & $2775 respectively. If ETH could break the upper resistance line of the channel it may reach to $3k resistance level and higher maybe,
otherwise, in case of its failure, ETH may crash to $2150 support zone again.
This is a personal idea, and I am not a financial adviser
ETH has stuck in a down trend channel from Nov 21, and since then, it could not break it upward strongly, notwithstanding the point that approximately more than 8 times has attacked upper line of the channel, no success was gained.
today Mar 09. 2022, the market was overally green and ETH low and high was $2500 & $2775 respectively. If ETH could break the upper resistance line of the channel it may reach to $3k resistance level and higher maybe,
otherwise, in case of its failure, ETH may crash to $2150 support zone again.
This is a personal idea, and I am not a financial adviser
