ETHUSD Moving In Minor Ascending and Descending Channels
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Just wanted to share this. Within the mahjor ascending parallel channel, ETHUSD is forming minor ascending and descending parallel channels breaking out in a timely manner upon reaching the top and bottom of major ascending channel. Its definitely interesting to note. Cheers!
Note: There was a mistake. I meant the fib retracement level 61.8 (268.87) and 65% (276.78) pocket.
Note: There was a mistake. I meant the fib retracement level 61.8 (268.87) and 65% (276.78) pocket.
Nota
ETH has been testing that fib support many times now. Here is an update of what might happen if that support failsNota
ETH on a mission. That is a hard pull back. I always had a feeling that although everything was super bullish, they weren't gonna make it too straightforward for us and this is trapping more shorters for the fuel.
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