ETHUSDT interesting observation

Just come across with interesting observation in ETH chart. ETH is respecting this golden trend line since December 2020. This trend line was acting as a support before MAY 19 dump and now giving extreme resistance. Price already rejected 3 times now but we are seeing HH and HL, so I am positive that this resistance will convert into support very soon. Keep an eye on it and plan your trading setups accordingly.

Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and Happy trading!