ETHUSD Established downtrend channel, lacks volume for breakout
Volume needed to confirm any breakout past channel into Modified Pitchfork
Moderate Correlation in channel with tops matching BTCUSD events
Assume blue/red channel breakout with DOGE or POT stability or with increase in volume
Watch 47.07 resistance, well confirmed by immediate channel as support turned resistance.
Prediction: drop to support at 45.48, rise to resistance at 47.07, drop downward
Moderate Correlation in channel with tops matching BTCUSD events
Assume blue/red channel breakout with DOGE or POT stability or with increase in volume
Watch 47.07 resistance, well confirmed by immediate channel as support turned resistance.
Prediction: drop to support at 45.48, rise to resistance at 47.07, drop downward