ETH had a negative reaction to midline of the channel

Ethereum remained within the short-term ascending channel yesterday but has reacted negatively to the midline range of the channel. The price of ETH has important support at the bottom of the channel in the range of $1569 - $1590. If it brings a positive reaction, hitting this level can make the following targets of Ethereum achievable at the levels we set yesterday. But note that these resistances are strong reaction levels, and the possibility of the price entering the correction wave from these ranges will be high.