RLinda

ETHUSDT ! Price is in a range. A test of support, a pullback? 🙈

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum falls on my last idea (shown on the chart) This is a great example of how the price can trade inside a sideways range.
Now we see that the price is falling and is going to test the support level, but I don’t see any setups to break this level yet.

I think that the price has not yet accumulated enough energy to realize it and it is possible that we can see a rebound from the support.

I assume a price rollback from the support level (a countertrend idea, since the price is trading in a range). Short term target - resistance 1165.5

Sincerely, R. Linda!

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