Will we see $160 before we go down to the bottom of the channel?
Since the BULLISH divergence in NOV 18 a strong resistance line has formed on the RSI and ETH keeps getting higher lows without falling through resistance.
This suggest that we may once again bounce from it to first see the top of the upwards channel it currently moves in before going downwards.
ETH is also in an ascending triangle (shown in purple) which is Bullish