EthereumShort
ETHEREUM - WEAKNESS IN CHANNEL
Usually if we can draw clean channel but bulls don''t manage to bring the price to the upper line but we get double top or lower high instead then that indicates channel got weak and will be no more respected.
On the other hand eth/btc is breaking up from the bullish wedge and may have to test trend line one more time what can bring us even to the upper line of the channel but in that case very strong impuls is needed, so far doesn't look that like that but as long as the trend line on eth/usd holds it''s still possible.
On the other hand eth/btc is breaking up from the bullish wedge and may have to test trend line one more time what can bring us even to the upper line of the channel but in that case very strong impuls is needed, so far doesn't look that like that but as long as the trend line on eth/usd holds it''s still possible.
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