Ethereum / TetherUS
Short

Ethereum can bounce down to 1835 support level

299
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a few moments ago declined from the downward channel, in which it broke the 1905 resistance level with the seller zone and fell to the 1835 support level. After this, the price bounced from the support level, exited from the channel, and started to grow near the support line. When the price reached the 1885 point, it rebounded down and entered to range, in which the price declined below the 1835 support level to the buyer zone. Also, recently ETH declined lower even the buyer zone, but soon bounced up and at the moment continues to trade inside the range. In my mind, Ethereum can rise to the top part of the range and then rebound down to the support level. For this case, I set up my target at 1835. Please share this idea with your friends and click Boost 🚀

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