RLinda

ETHUSDT ! Price range. A "shake-up" scenario is possible 🤠

Short
RLinda Premium Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum has recently broken the downward channel down, thereby accelerating its fall. The first stop after this maneuver was at $1,000.

Since the price is now in a range and is forming an accumulation of energy, we can see trading in a range, where the price will move from the upper limit to the lower one and vice versa.

I suppose that relative to the resistance of 1261, we can see a false breakdown (shake up), after which the price may go down. We expect the price to fix after a false breakout and there is a chance to roll down. The short term target is support at 1165 and the medium term target is the liquidity zone around 1000.

Sincerely, R. Linda!
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