skeptokrypto

ETH testing break out

BITSTAMP:ETHEUR   Ethereum / Euro
This is my first effort to make sense of the charts. Don't follow me, I'm lost. Honestly have no FA or TA background and this is only a test. So, take it with a grain of salt and DYOR.
Now, my limited understanding says that eth is testing and trying to gather support for a break out. It it doesn't find it, it will retrace back again. If it breaks out of the trend channel we should see movement upwards to levels before the dip.
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