ETH.d is in a long term rising channel. currently it reached the midpoint which happens to be a strong horizontal resistance as well. If there is any pullback, it is normal. ETH.d will never breakdown from the channel, the fundamentals are too strong. Eventually it will breakout of the channel which has a measured move around 25% of crypto's market cap.
Note
On LTF, PA is right at the midpoint and resistance
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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.