Ethereum can make retest of support level and continue to rise
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Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that price a few time ago bounced down from the seller zone, broke the 1880 resistance level, and fell below. Soon, the price tired to back up and rose to the resistance line of the triangle, but when the price reached the resistance line, the price made a downward impulse to the 1835 support level, which coincide with the support line, thereby breaking the 1880 resistance level again. Then ETH started to rise near the support line and in a short time reached the resistance level, but after this, price rebounded down and fell to the support level, thereby exiting from the triangle. Later Ethereum broke the 1835 support level and even declined below the buyer zone, but a not long time ago, ETH made an upward impulse to the 1880 resistance level. Also then the price fell back to the buyer zone and a not long time ago bounced from this zone and rose higher of the 1835 support level, where it continues to trade now. Possibly price can make a retest of the support level and then start to move up. For this case, I set up my target at the 1855 level. Please share this idea with your friends and click Boost 🚀
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
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המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.