Ethereum / TetherUS
Long

Ethereum can grow to 1900 level after breaking resistance line

365
Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see how the price Bounced from the support line to the resistance level, which coincide with the seller zone, but at once declined to the support level, which coincide with the buyer zone. Next, ETH rolled up to the resistance line, thereby forming a wedge pattern and continuing to fall. After the price declined below the buyer zone, it bounced of the support line and made a strong impulse up a higher of resistance level, exiting from the wedge. After these movements, Ethereum made correction below the resistance level and then backed up to the resistance line, where it later started to decline near it. ETH fell to support level and even declined to the buyer zone, but a not long time ago it bounced up and now trades close resistance line. Possibly, the price can break this line and then make a retest. Also, I think that ETH, after the breakout resistance line can continue to grow, without retesting. For this case, I set up my target at the 1900 level. Please share this idea with your friends and click Boost 🚀

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