ETHUSD ❕ the downward channel is broken
Ethereum has broken through the upward downtrend channel.
The asset is in the liquidity zone near the lower boundary.
Price is testing 50MA as support (4H TF) and 200MA as support (1H TF)
I expect the coin to continue moving within the liquidity zone, so I believe that ETH will start bouncing after it fixes above the resistance level.
The asset is in the liquidity zone near the lower boundary.
Price is testing 50MA as support (4H TF) and 200MA as support (1H TF)
I expect the coin to continue moving within the liquidity zone, so I believe that ETH will start bouncing after it fixes above the resistance level.
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