LegionQ8

Ethereum exit of wedge and can continue move uphill

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello traders, I want share with you my opinion about Ethereum. When observing the graph, we can see how Ethereum created the downward wedge, after which it broke through the resistance line and rise. Currently, the price is above the support line, but can go down and test it. After a possible retest Ethereum can continue moving up. I think that price can continue to rise and break through resistance area(1), so I see two targets in the resistance area(1)1660-1680 and the resistance area (2) 1715-1735. Please share this idea with your friends and click Boost 🚀
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.