Ethereum / TetherUS
Long

Ethereum can decline a little more and then start to move up

360
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price a few days ago traded inside the big range, in which the price even made a fake breakout to support line of the triangle, but soon it rebounded up and made impulse up to 1850 resistance level, which coincides with seller zone. Next, the price exited from range, broke this level, and rose to the resistance line of the triangle, but at once bounced and started to decline. ETH fell below the 1850 level and later rebounded higher of the seller zone, thereby exiting from the triangle, but soon the price bounced from the resistance 1850 level and made a strong downward impulse until the next 1805 level, which coincide with the resistance area. Also a not long time ago, Ethereum broke this level too, and fall below, where it continues to trade to this day. I think that price can fall a little more and then start to rise to the resistance level. As well then ETH can break this level and continue to rise. For this reason, I set two targets, the first target at the 1805 resistance level and the second target - at the 1825. Please share this idea with your friends and click Boost 🚀

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