ETCUSDT ! Two scenarios for rise and fall🙈

19 июл. 2022 г.

ETHCUSDT breaks the downtrend and after confirmation of support on the retest it forms the strongest momentum to the level of 28.00, followed by a pullback to the strong level of 25.00, formed at the end of May.

On the chart we see the level of 25.00 and the retest of the price after its confirmation on May 30. The level is broken upwards, but there is a reason why I will wait for a fall here - after the distributive momentum there is little chance that the level will be broken.

I assume if the price goes under the level and stays under it, a fall is possible. The short-term target is the support of 22.5, the medium-term target is the liquidity zone of 18.5. But if the price fixes above the level of 25.00, there will be continuation of growth up to the potential target of the resistance of 30.78.

Sincerely R. Linda!