Chart of the Day $Ethereum

On the ETHEREUM daily chart, we can see that the instrument is retesting the broken downside resistance, now downside support, and is trying to get back into the channel. A daily close above the 105 level is required for the upside reversal into the 145 level. Rejection from here will lead to a downside extension.
Note: Look for both long/short trade entries depending on the price action today and a daily close.

Ethereum trade alert

 

 

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