ETHEREUM - Price can bounce down from resistance line to $3120
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where bounced from support level, which coincided with support area and started to rise.
But soon, ETH fell back, making retest, and later in a short time rose to $3020 level, and at once bounced below.
Later price some time traded near this level, but soon bounced down to support line of channel and then made upward impulse.
ETH broke $3020 level, which coincided with one more support area, and rose until to resistance line of channel.
A not long time ago it bounced and now price trades near this line, so I think Ethereum can rise to resistance line again.
After this movement, ETH will bounce from resistance line and start to decline to $3120
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to rising channel, where bounced from support level, which coincided with support area and started to rise.
But soon, ETH fell back, making retest, and later in a short time rose to $3020 level, and at once bounced below.
Later price some time traded near this level, but soon bounced down to support line of channel and then made upward impulse.
ETH broke $3020 level, which coincided with one more support area, and rose until to resistance line of channel.
A not long time ago it bounced and now price trades near this line, so I think Ethereum can rise to resistance line again.
After this movement, ETH will bounce from resistance line and start to decline to $3120
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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