Potential 20% run if able to break out of down trend channel, although the entire market has been in a relentless consolidation so likely just a bounce off downtrend line.
Stop Loss just below major support zone. Trade inside of channel.
Close to a flag pendent breakout with a morning star closing yesterdays price possibly indicating trend reversal from the recent decline. Yesterdays flash crash makes technical analysis quite difficult as many exchanges are backlogged with ETH orders for pending selling and buying. In general this is a fundamental indication that the ETH network may not be as...
Trendline support for ETH - good buying opportunity for long position