FirstNameHelen

HelenP. I Ethereum can rebound back to the resistance zone

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi folks today I'm prepared for you Ethereum analytics. A few days ago price declined to support 2, which coincided with the support zone and some time traded close. After this, ETH rebounded from support 2 and made impulse up to support 1, broke it, and rose until to the resistance zone, which coincided with the resistance level. Then price rebounded back to support 1 and started to trades in consolidation as well. Ethereum some time traded very close to this level and then repeated movement up to the resistance zone. But a not long time ago price bounced and fell below the resistance level. And now it continues to trades inside consolidation and I expect that Ethereum can decline a little more and then rebound back to the resistance zone. That's why I set my target at 2125, which coincided with the resistance zone inside consolidation. If you like my analytics you may support me with your like/comment ❤️

🚀Details if you interested in my Crypto or Forex & Gold Premium signals 👉🏼 t.me/helenp_trading/3474

❤️ Welcome to my free telegram channel 👉🏼 t.me/helenp_trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.