Lingrid

Lingrid | ETHUSDT potential BREAKOUT of the channel

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
The price perfectly fulfilled my previous idea. It hit the target level. As we can see, ETHUSDT is moving sideways in the giant range zone. The price took liquidity below the April low, forming a fake breakout of the strong support level. It broke and closed above the key level at 3000. I think the price might pull back to the support level, then move higher and keep making HLs. A breakout of the downward trendline is going to be a bullish sign, and we expect the price to retest the recent March highs. My target is the previous resistance zone at 3350.00


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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