ETHUSDT: First UP to $160 and then DOWN .... ?

Will we see $160 before we go down
to the bottom of the channel?

Since the BULLISH divergence in NOV 18
a strong resistance line has formed on the
RSI and ETH keeps getting higher lows
without falling through resistance.

This suggest that we may once again bounce
from it to first see the top of the upwards
channel it currently moves in before going
downwards.

ETH is also in an ascending triangle (shown in
purple) which is Bullish

No financial advise
Educational purposes only