ETH/USDT ::: Currently, the price in the orange channel has touched the channel ceiling and the channel floor well, and the next destination is the channel ceiling, so a long position can be considered .
But if you want to determine your position for the long term, wait until the blue line (resistance) or the red line (support) is broken . In any case, the resistance line will be broken by continuing to move towards the roof of the 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.