ETHEREUM - Price can continue fall to $1920 support level
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price rose in the rising channel, where it reached $1920 support level, which coincided with the support area.
After this, price broke this level and at once made upward impulse to the resistance level, thereby exiting from channel.
Later ETH made correction and then bounced to resistance line and started to decline near this line to support level.
Then price bounced from $1920 level and made upward impulse to resistance area, breaking resistance line.
So, now ETH trades near this area and I think price can continue to decline to $1920 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price rose in the rising channel, where it reached $1920 support level, which coincided with the support area.
After this, price broke this level and at once made upward impulse to the resistance level, thereby exiting from channel.
Later ETH made correction and then bounced to resistance line and started to decline near this line to support level.
Then price bounced from $1920 level and made upward impulse to resistance area, breaking resistance line.
So, now ETH trades near this area and I think price can continue to decline to $1920 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️