So far ETH has been trading in a micro bullish movement inside of the overall horizontal channel.
If ETH continues to climb to 2800-3000 level of resistance we will likely see a minor rejection as ETH moves into a minor horizontal movement near 2800 as previously seen.
This gives ETH the potential to test the 2800-3000 resistance and breakout of the macro horizontal channel.
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.