#ETH/USDT #Ethereum is following our last update bouncing bea | CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|
#ETH/USDT
#Ethereum is following our last update bouncing beautifully from the channel's lower trendline and is currently, trading above the $1200 by moving inside a Descending Channel at 1D frame. Strong Resistance at the $1270 level. Once we break and close above the $1270 level, there is a high possibility to test the upper Trendline of the channel which is at around the $1500-$1600 level.
In case of rejection from here then we might revisit the lower trendline of the channel ($1080 level) one more time.