2023-02-03 17:33:03
ETH/USDTEthereum can bounce up and break resistance levelHello my friends, today I want to talk to you about ETHUSDT.
I made a few conclusions about Ethereum.
Recently price made strong upward impulse from $1560 level and exited consolidation.
Also, ETH broke resistance level of $1630 and continue to move up.
After this price tried to break next level $1660 but fell to support level.
Now Ethereum trades close to this level and I expect that price can start moving up to resistance level.
Then I think price break this level, make retest, and continue to rise.
For this case, I set up my targets at $1660 and $1690 levels.
I expect such a scenario.
This is an article not financial advice, always do your own research..
https://www.tradingview.com/x/zdGN2UDl/
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