ETH/USDT - trandline BREAKOUT with possible retest!
After a long consolidation under the trend line and the downtrend, the price begins to show strength.
Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions.
The local target of this movement is the liquidity gap between the levels of $2800-$2900, which the price has already tested many times as resistance.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions.
The local target of this movement is the liquidity gap between the levels of $2800-$2900, which the price has already tested many times as resistance.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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