Bottom of channel up

12 באוג׳ 2021

ETH has been trading within a parallel channel since the low around 1700. You can see that the trend has corrected to the bottom trend 4 times now. This time there is a bearish divergence on the 4hr RSI, however it is not replicated on the MACD. I am personally still long, but more so just hopeful that it remains in this channel for easy scalp setups.