Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been overall bullish trading within the rising channel in red.
📈As long as the last low in red holds, a continuation towards the $2500 would be expected.
In parallel, if the red low is broken downward, a bearish correction towards the $3000 round number would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich