HelenP. I Ethereum can make correction and then bounce up

17 cze 2023

Hi folks today I'm prepared for you Ethereum analytics. After strong upward impulse to 2130, price started to decline and at short time fell below 1910 level. Next, price bounced up to trend line, thereby rose higher of resistance level again, but can't fixed and at once started to fall. Ethereum fell to resistance zone but soon bounced up and made upward impulse to resistance line. Reaching this line, price tried to break resistance level, but later it bounced and declined back to resistance zone. A few time later, ETH broke support level and continue to fall, but recently price bounced up to zone and at the moment trades close to this level. In my mind, Ehereum can fall below support level and then bounce up, thereby breaking resistance zone. After this, price can make retest and continue to move up. For this case, I set up my target at 1825 level. If you like my analytics you may support me with your like/comment ❤️