ETHUSDT | The Price Continues To Develop Within The Channel

Ethereum / TetherUS BINANCE:ETHUSDT

KlejdiCuni

We can see that the price is moving within a channel.
The price reacted very well close to the resistance trend line .

From this point, we can see the price to move higher or lower.

For the bearish scenario, it is needed more bearish volume .
So the price needs to break down below 2946.

If the price will begin to grow the bullish momentum we need to see the price moving above the channel.

Thank you and Good Luck!

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