On JAN11th we test this ascending channel support. After this test we saw an uptrend for about 9 days to channel resistance. Now we have tested the support for the 2nd time.
Is it possible to see an uptrend for the next 5 - 9 days ?!?! ETH does still look strong and volume is looking good to!
Daily candle closure below channel support will lead us to test high 7xx - $850.
Be aware there are still chances of testing channel support at 1075 - 1120.