ETH has been trading nicely within a well-fitting Lin Reg rising channel. Price will likely spend some more time in the red band over the next week with a break likely towards end of month.
It may break up or down sooner, but I don't yet see a major trend change on the daily.
It may break up or down sooner, but I don't yet see a major trend change on the daily.
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Moment of truth here, still trading nicely in the channel, let's see if it breaks down. I see a likelier move to the upper side of the red channel, and potentially moving into blue, so cca 2000 by end of week. Risky low volume though. Not advice.