WalterMoon

ETHEREUM - Price can reach resistance level in rising channel

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊

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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