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Ethereum moving within channel on hourly chart

175
Ciao Traders,

As in the chart we can see Ethereum is moving within the marked channel, if we break south the next support is 215USD level as 200SMA hourly, in case of strong break the next support will be 175USD level as 50SMA daily, breaking on the upside will lead us to the recent highs.
Wait for action next to the bounderies of this channel.
交易進行
Bounced off low trendline
交易進行
Touching resistance
交易進行
Moving up
交易進行
Bouncing from support again
交易結束:目標達成
Broke channel to the upside
New channel must be defined as per price action

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