TradingView
Mambotrade
Mar 26, 2022 2:27 PM

Ethereum in a parallel channel 

Etherium / U.S. DollarFOREX.com

Description

Ethereum has been consolidating in a ascending parallel channel in a 4-hr time frame.

There is a negative rsi divergence there.

We may short Ethereum once the parallel channel breakdown.

Support/target levels or there on the chart.

Can wait for a entry, Once it retest the parallel channel support we can enter the trade and hold it till our target price.
Comments
More