WalterMoon

ETHEREUM - Price can bounce down from resistance level to $3565

Short
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 entered to rising channel, where it at once declined to support line, after which bounced and continued to rise.

Soon, price reached $3200 level, which coincided with support zone and broke it, after which ETH made retest.

Then price rose to resistance line of channel, but at once fell to support line and then bounced up to $3820 level.

After this movement, ETH at once made strong downward impulse to $3200 level, but in a short time back up.

Also soon, price broke $3820 level, which coincided with resistance area, but at the moment ETH trades in this area.

I think Ethereum can bounce from resistance level and start to decline to $3565

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