The price perfectly fulfilled my last idea. 
ETHUSDT has broken out of a long-standing consolidation zone and is now retesting the breakout area near 2719, which aligns with the May high and the downward trendline. Price is maintaining its position above the upward channel, showing a bullish structure with potential for continuation. A successful retest here may launch the next leg toward the 3000 resistance.
📈 Key Levels
💡 Risks
ETHUSDT has broken out of a long-standing consolidation zone and is now retesting the breakout area near 2719, which aligns with the May high and the downward trendline. Price is maintaining its position above the upward channel, showing a bullish structure with potential for continuation. A successful retest here may launch the next leg toward the 3000 resistance.📈 Key Levels
- Buy zone: 2680–2720
- Buy trigger: bounce from 2719 with bullish engulfing
- Target: 3000
- Sell trigger: drop back below 2680
💡 Risks
- Failure to hold the breakout could trap longs
- Low volume during retest increases breakdown chances
- 3000 psychological resistance may cause premature rejection
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.