ETHEREUM - Price can reach resistance level and try to break it
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area.
After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level.
Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse.
Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle.
Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line.
In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area.
After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level.
Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse.
Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle.
Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line.
In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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