Although Ethereum didn't make it up to the trendline, after this strong movement there can be a good correction. It seems like the price is more likely to accept lower small blue zone than the other one and eventually bounce off the lower trendline.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.