ETHUSD AScending channel Breakdown reversal opportunity
Timeframe 1 Hour
ETHUSD Has broken down from its ascending channel, signling short term weakness. price is now reacting from demand zone around 2470 showing sign of Bullish reversal.
Technical Targets
First Target 2570
Second Target 2700
Tarding Summary and Outlook
if the bullish confirmation hold at the demand zone 2470, this setup probablity reversal trade. Maintain proper Risk Management and use stoploss save your Capital