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channelbreakout
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📉 Channel Down spotted on ETH/USDC (15m)
ChartScout detected a clean Channel Down pattern on the 15-minute chart. Price is moving inside a descending channel, with repeated reactions at both resistance and support, which makes this a well-defined bearish channel structure.
The setup is still active and the boundaries remain important, so this one is worth watching for confirmation. DYOR.
#ETH #ETHUSDC #ChannelBreakout #cryptotrading #ChartScout
ChartScout detected a clean Channel Down pattern on the 15-minute chart. Price is moving inside a descending channel, with repeated reactions at both resistance and support, which makes this a well-defined bearish channel structure.
The setup is still active and the boundaries remain important, so this one is worth watching for confirmation. DYOR.
#ETH #ETHUSDC #ChannelBreakout #cryptotrading #ChartScout
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