#ETHEREUM - One Big and One Small Channels. How to work?

30 gen 2020

Ethereum is moving inside the local ascending channel, which is located inside the big ascending channel. The first goal here is to reach the upper edge of the local channel ($186) and then look for an upper edge of the big channel.

To reach the first target we need to breakout thorough the $177 level, test $179.5 and then flip one into support, which will help ETH to move higher to the $186.

31 gen 2020

Nota

Ethereum has worked perfectly. Printed +7.46% profit from one big movement. Next target is $195 (resistance of the big ascending channel)