AtlasTrades

Ethereum may bounce off the resistance line and start decline

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello my friends, today I want to talk to you about ETH/USDT.

The price is currently moving in a downward local trend.

On the chart we can see how the price is now consolidating.

I think the price will go up, after which I expect the price to bounce off the resistance line and start moving down.

Thus, I decided to set two goals. The first target is at 1270, the second target I set at 1220.

I expect such a scenario

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.