ETHEREUM Technical Analysis: Weekly Chart

In the weekly charts, ETHEREUM is trading outside and above the downward channel.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 2950 and the resistance level is at 3845.
ETHEREUM is trading outside and above the downward channel.
ETHEREUM Technical Analysis: Daily Chart

In the daily charts, ETHEREUM is trading in an upward channel.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 3395 and the resistance level is at 3655.
ETHEREUM is trading in an upward channel until there is a trend reversal.
How to trade ETHEREUM this week:
ETHEREUM has broken out of its previous downward channel and the following opportunity can be taken: