Ethereum can continue to move up to resistance line of channel

BINANCE:ETHUSDT   Ethereum / TetherUS
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some days ago price traded inside the range, which coincides with the 1815 resistance level. But soon ETH broke this level and made a downward impulse to the 1595 support level, which coincided with the buyer zone. Also, the price entered to downward channel, in which Ethereum bounced from the support level and rose to the resistance line of the channel, but at once rebounded down and fell to the support line, thereby breaking the 1595 support level. After this movement, the price rolled back and tried to rise to the resistance line again, but failed and declined to the buyer zone. As well recently price bounced from the buyer zone and now ETH trades very close to the support level. It can probably continue to rise to the resistance line of the downward channel. That's why I set my target at the 1685 level, which coincides with this line. Please share this idea with your friends and click Boost 🚀

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