I like the direction of the new ETH mim-channel, but it does seem to be diverging. I have no idea what that means. I also like the RSI direction. Maybe this means a volatile increasing price mid-term?
A widening channel means the market is reversing direction. But I think we are forming a rising wedge here which signifies a pullback is looming unless we can break out.
rmsutton
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Also, technically no longer a channel since the lines are no longer parallel.