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As we can see price get stock inside this consolidation for a couple of weeks trading inside the upper and the lower bounds right ! and as we can see from a medium and long term perspective ETH was overall bearish trading inside this falling channel
for now what !?
for now price is approaching the upper bound of the range and the falling trendline where we will searching for sell setups
for the bears to take over from a short term perspective we need a new swing low to form around our trendline then a break as shown in the projection
until that happens price is overall bullish from a short term and we can still trade higher till the next resistance zone 1700
and as usual follow your trading plan and manage your risk.