WalterMoon

ETHEREUM - Price can reach resistance level in rising channel

Panjang
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in commentsđź‘Š

Recently price started to trades inside wedge, where it at once made a downward impulse to support line, breaking $3355 level.

When price reached support line of wedge, ETH bounced up and some time traded near $3000 level, which coincided with support area.

Later Ethereum reached resistance line of wedge again and then made a downward impulse, exiting from this pattern.

Also, price broke $3000 level, but soon turned around and started to grow in the rising channel, where soon broke this level again.

Now, I think Ethereum can bounce up from support line of a channel to $3355 resistance level.

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