Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐ ETH has been overall bullish, trading within the ascending channel outlined in red.
ETH is currently undergoing a correction phase but is expected to remain bullish as long as the $3500 support level and the lower red trendline hold.
๐น For the next upward impulse to start, potentially leading to a movement towards $4000, a breakout above $3685 is required.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
๐ ETH has been overall bullish, trading within the ascending channel outlined in red.
ETH is currently undergoing a correction phase but is expected to remain bullish as long as the $3500 support level and the lower red trendline hold.
๐น For the next upward impulse to start, potentially leading to a movement towards $4000, a breakout above $3685 is required.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich