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ETHEREUM - Price can leave pennant and then fall to support area
Ethereum / TetherUS
Short
ETHEREUM - Price can leave pennant and then fall to support area
By WalterMoon
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Jan 14
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Jan 14
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price entered to flat, where it rose to top part, which coincided with $2430 level, and then bounced down.
Price declined to support area, which coincided with $2170 support level, and some time traded near this zone.
After this, ETH made upward impulse to $2430 level and broke it, thereby exiting from flat.
Also, price started to trades in pennant, where it reached resistance line and then in a short time fell to one more support zone.
Then ETH rose to resistance line, but recently it declined to support line, where at the moment price continues to trades near.
Ethereum can break resistance line, thereby exiting from pennant, and then start to fall to $2430
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Ethereum (Cryptocurrency)
ETHUSDT
FLAT
LONG
Pennant
price
short
Trend Analysis
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