HelenP. I Ethereum can rebound down of resistance zone to $1585
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Hi folks today I'm prepared for you Ethereum analytics. After the price declined to the resistance zone, which coincided with the 1635 resistance level, it some time traded there and then made an impulse up to the trend line, where ETH started to decline in the wedge. Later price declined below the 1635 level, thereby breaking it and then some time traded very close to this level, but a few moments later it bounced down to the support line of the wedge. Next, the price at once rebounded to the trend line and even broke it, thereby exiting from the wedge. After this movement, ETH rose to the 1635 resistance level and tried to break it too and the price broke it, but not long time ago Ethereum declined and now it trades near the 1635 resistance level. Maybe ETH can rise to the resistance zone and then it continue to move down. For this reason, I set my target at the 1585 level. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
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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.