Lingrid | ETHUSD rise to RESISTANCE zone

ETHUSDT is moving sideways following the bounce off the support level and lower border of the downward channel. On the weekly timeframe, it formed a long-tailed bar, which is a sign of support level rejection. The tail of the bar also forms a buy zone between 3100 and 3400. I expect to continue moving sideways, then make a fake breakout of the range zone.  Price action gives us a clue to a potential bullish move up to 4300 if the market breaks the recent high. My goal is a resistance zone around 3850.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻