The dynamic resistance of the midline of the channel

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Ethereum had a range trend yesterday. Now, it is still upward in the 4-hour timeframe. Suppose the resistance of $1,679 is broken together with the dynamic resistance of the midline of the short-term ascending channel simultaneously and a strong continuation candle closes above it. In that case, we can expect another attempt by buyers to push the price up to Ethereum's major resistances should take place (before a deep correction). Resistances in the price channels of $1700 and $1800 can be associated with strong negative reactions.

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