ETH USD wide upward channel - lows to watch
I'm no expert, this is just what I see, and my quick thoughts. I'm watching that middle line for a bounce hopefully. The MACD has been upward for a while now (4 hour chart here), so I expect it to correct downward first. Watch the bottom line for a sell point. It could start turning into a rising wedge again and a downward correction. Donchian still indicated upward momentum.I'm holding.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.