ETH is looking very strong. ๐ช
After the correction, the ETH price was strongly bought back and now it has broken the downtrend by breaking the local maximum. At this rate, ETH may consolidate above $3,800, which would mean a return to the global uptrend channel. This could happen impulsively or through a below-trend trade.
In case of a return to the ascending channel, the main target will be liquidity and imbalance near the $3980 level, and the next target will be $4,000.