Ethereum has been respecting this channel since ATH. There are 3 main lines represeting the top, bottom and middle of this channel. Very nice channel to trade .
So many ways to trade this channel:
Buying the bottom, selling the top.
Shorting the tops.
Longing the upward channel breakout.
Shorting the downward channel breakout
Etc...
So many ways to trade this channel:
Buying the bottom, selling the top.
Shorting the tops.
Longing the upward channel breakout.
Shorting the downward channel breakout
Etc...