ETHEREUM - Price can fall to support line of pennant

2023년 12월 14일

Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊

When price declined below support area, it soon bounced up and rose to resistance line, thereby breaking $1935 level.

After this, price declined to this level, which coincided with support line of pennant, and later bounced up.

Ethereum broke resistance line and then corrected to support line of pennant, after which it bounced and continued to grow.

Later price rose to resistance line of pennant, breaking $2200 level, which coincided with support area.

Then it corrected, after which price bounced up and now ETH trades near resistance line of pennant.

Possibly, Ethereum can bounce from resistance line to $2175 support line of pennant, breaking support level.

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