📊 ETH Analysis - Nov 20.

With the beginning of the workweek, volumes have increased, and buyers have confidently returned the top altcoin market above support levels.

Examining ETH, we see the coin has closed higher on the 1D, and showing growing dynamics on lower time-frames, attempting to break the descending parallel channel.

Unsuccessful retest of this channel from above would confirm the local uptrend.

👨🏻‍🎓 As mentioned in my previous analyses, as long as ETH is trading above $2,000, a move towards $2,125, with the potential for fresh highs remains the priority.

#ETH #cyptoanalysis $ETH