Let me remind you to turn your attention to the strength of the resistance line. It dates from June 2018. Today this line plays an important role in our idea.๐ช๐ผ
As we can see, the price has already tried to break through the line๐ฅ, but it did not work.
As we can see, the price is holding onto the level. I expect ETHUSD to bounce off of it and reach the STRONG Resistance line. The next step is to push off the strong line and move down to the intersection of the two support lines.๐
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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.