UPDATE
So, the yellow trend line was breached, but ETH failed to breach the 1100 price level. It almost made it at 1098.74 (GDAX), so the red channel is still in play.
The breach of the yellow trend has provided us with a new trend line, shown in blue.
There is also slight bearish divergence from the failed 1100 attempt, check out the blue notes on the chart.
I will try to keep this chart as up-to-date as possible.
Remember, I don't know dick, about dick, so do what you please.
Peace
A.N.
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