Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price declined to resistance level, which coincided with resistance area and broke it.
ETH declined lower $3240 level, but soon rose higher, making fake breakout and starting to grow in channel.
Inside channel, ETH soon reached resistance line and at once bounced down to $3240 support level, after which bounced up.
Then price in a short time reached $3720 resistance level, but when ETH touched this level, it at once declined.
At the moment, price trades near this level and I think Ethereum can first make small correction.
After this, ETH can bounce up to $3865 resistance line of channel, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price declined to resistance level, which coincided with resistance area and broke it.
ETH declined lower $3240 level, but soon rose higher, making fake breakout and starting to grow in channel.
Inside channel, ETH soon reached resistance line and at once bounced down to $3240 support level, after which bounced up.
Then price in a short time reached $3720 resistance level, but when ETH touched this level, it at once declined.
At the moment, price trades near this level and I think Ethereum can first make small correction.
After this, ETH can bounce up to $3865 resistance line of channel, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.