LegionQ8

After long correction, ETH can bounce of support level to 2345

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some days ago started to trades inside the range, where it first made a correction to the 2185 support level, which coincided with the buyer zone. After this movement, ETH bounced from this level and rose to the top part of the range, which coincided with the resistance level, but some time later it rebounded and made a correction back to the 2185 support level. Ethereum some time traded near this level and then made a strong upward impulse to 2718 points, thereby breaking the 2425 resistance level and exiting from the range. After this price started to decline in a triangle, where ETH in a short time declined to this level, which coincided with the seller zone. Later price one more time broke this level, thereby exiting from triangle too and decline to support level, and a not long time ago Ethereum bounced and start to move up. In my mind, ETH can make correction to support level again and then continue to grow, therefore I set up my target at the 2345 level. Please share this idea with your friends and click Boost 🚀

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