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ETH/USDT Major zone reached!

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Hey guys!

Let's start today with ETH analysis. Well after long rally on ETH we have reached that long waited zone which should determine the next movement of this coin. We have here mainly 3 possible scenarios

First: We secure the $1650 zone which will lead the price towards $2000 from where we expect to see some sort of correctional movement
Second: We break down from current resistance zone $1650 and head towards $1450 where we might witness a pullback to current level!
Third: Resistance works out so good that it leads the price to go towards $1450 where we might see impulsive breakdown towards $1270.

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Swallow Team πŸ”±


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