ETHEREUM - Price can continue to grow to $2330 in rising channel

٥ ديسمبر ٢٠٢٣

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

Recently price bounced from $2000 level, which coincided with support area, but soon it around down and started to fall.

Ethereum declined below $2000 level, and then made upward impulse back, and also started to trades inside flat.

In flat price rose to $2125 level, and then started to fall to $2000 level, after which ETH bounced up and later exited from flat.

Then price started to move up in rising channel, where it rose until to resistance line of channel, breaking $2125 level.

But a few time ago, price bounced from resistance line and fell to support line of channel, where it continues to trades now.

Possibly Ethereum can correct to support line again and then bounce up to $2330

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