$ETH is trading at 2,231.20, back inside the descending channel from early October after the November 4 breakout above the upper trendline failed and fully reversed, with price now below the upper line near 2,265 and a retest from below in play.

Reclaim the upper trendline near 2,265 to 2,295 and the breakout is back on, opening the door toward 2,415 to 2,445. A rejection at the retest keeps ETH inside the channel and puts 2,222 to 2,182 in play. #ETH