Hello TradingView Family / Fellow Traders,
📦ETH has been trading within a big range around the $2,800 - $3,000 support in the shape of a flat rising channel.
Currently, ETH is hovering around the lower bound of the support and rising channel.
As long as the $2,800 support level holds, we expect the bulls to kick in soon!
📈 For the bulls to take over and start the next bullish impulse movement, a break above the last major high in green at $3,000 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr