๐ฅ Ethereum Short Term Horizontal Channel: Bearish Move Ahead?
Over the last week or so, Ethereum has been trading inside a clearly defined horizontal channel. With price action today being dominantly bearish, there's a decent chance that the price will continue trading inside this channel in the near future.
In case we keep going down, I'm expecting a bounce from the lower support area. Target would be the top resistance area.
Happy trading.
In case we keep going down, I'm expecting a bounce from the lower support area. Target would be the top resistance area.
Happy trading.
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