WalterMoon

ETHEREUM - Price can bounce up from support level to $4170

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

Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area.

After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of channel.

Price entered to wedge, where ETH made upward impulse to $3900 level, which coincided with resistance line of wedge.

Also later, ETH rose to resistance line, breaking $3900 level, but at once declined and some time traded near.

Soon, price broke this level again and then rose to resistance line, after which ETH fell to $3900 level.

Now, I think Ethereum can fall to support level and then bounce up to $4170

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