Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price started to grow inside rising channel, where it reached $1660 resistance level, which coincides with resistance zone.
Then ETH made strong downward impulse to support area, thereby exiting from channel and breaking $1575 level.
After this, price entered to triangle, in which ETH made a strong upward impulse to resistance line.
But soon, price started to decline and in a short time it fell until to support line, thereby breaking $1660 and $1575 levels.
And a not long time ago ETH bounced higher of $1575 level, where continues to trades near to this day.
Possibly Ethereum can decline below support level and then bounce up to $1620, exiting from triangle.
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