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kazimusman
14 nov 2021 07:01

ETHUSDT interesting observation  

Ethereum / TetherUS PERPETUAL CONTRACTBinance

Descrizione

Just come across with interesting observation in ETH chart. ETH is respecting this golden trend line since December 2020. This trend line was acting as a support before MAY 19 dump and now giving extreme resistance. Price already rejected 3 times now but we are seeing HH and HL, so I am positive that this resistance will convert into support very soon. Keep an eye on it and plan your trading setups accordingly.

Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading!
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