CRYPTOMOJO_TA

ETH: Should hold this support!!

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.

Ethereum is in an upward price channel . Together with the support of the channel passes the trend line MA 200, which marks a strong zone for us. Below the channel, strong support from May 2021 is forming.

On the chart, we see a strong intraday downward momentum that could herald a correction. I think it could reach the support zone of the price channel , after which an upward move could continue.

The target for Ethereum could be both the resistance of 2300 and the trend line , which originates from November 2021.


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