WalterMoon

ETHEREUM - Price can leave pennant and then fall to support area

Kort
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊

Recently price entered to flat, where it rose to top part, which coincided with $2430 level, and then bounced down.

Price declined to support area, which coincided with $2170 support level, and some time traded near this zone.

After this, ETH made upward impulse to $2430 level and broke it, thereby exiting from flat.

Also, price started to trades in pennant, where it reached resistance line and then in a short time fell to one more support zone.

Then ETH rose to resistance line, but recently it declined to support line, where at the moment price continues to trades near.

Ethereum can break resistance line, thereby exiting from pennant, and then start to fall to $2430

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