#MyCOSTrade Eth in this rising channel situation, where it has respected either sides good enough to be called in a channel.
• Eth is also, right now, at this range's VAH, and if you look at the previous interactions of this VAH, you can see that price gets volatile and taps the channel's high pretty quickly before dropping back into the Value Area range.
• If eth is to recover VAH this time, it is supposed to retest it briefly before moving towards channel high.
• If eth goes straight towards the channel top, it will run back down to tap the channel's bottom, and wont be able to hold this value area range's top.
Sometimes, slow is more favored than quick.
#Crypto #Ethereum #Altseason $ETH