Trade: ETHUSD Bounced From Support

Price has remained in a short term bearish channel , where we saw price testing support. Price is now approaching key resistance.


ETHUSD Bounced From Support by EmpowerTrader on TradingView.com

Strategy:

Scenario One (Bullish Breakout): Price breaks key resistance of the bearish channel . 

Scenario Two (Bearish Rebound): Price rejects bullish breakout, price falls to the respective support levels. 

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