Resistance was broken before but then ETHUSD dropped back into the bearish trend channel. So even a break up here will not mean the downward trend is finished.
I will be curious to see if ETH can break up away from this channel on the daily or if it will continue it's downward slide.
I will be curious to see if ETH can break up away from this channel on the daily or if it will continue it's downward slide.
Note
ah there we go! breaking down back into the channel as expected.Trade closed: stop reached
hated to do it but flipped long. 
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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.