Ethereum has been contained in the range for the past several days.
Currently, the price is climbing from the bottom of the range creating an excellent opportunity to buy.
There are two possibilities when it reaches the high:
1: It breaks the parallel channel and the price rises further, creating momentum for a bull run.
2: Price gets rejected and sustains the parallel channel.
Currently, the price is climbing from the bottom of the range creating an excellent opportunity to buy.
There are two possibilities when it reaches the high:
1: It breaks the parallel channel and the price rises further, creating momentum for a bull run.
2: Price gets rejected and sustains the parallel channel.