Lingrid | ETHUSDT Continues to Show BULLISH sentiment
2024-10-29

The price perfectly fulfilled my previous idea. It hit the target level.  BINANCE:ETHUSDT  has been consolidating on the daily timeframe since August, recently forming higher lows. However, it failed to break through the previous resistance zone, resulting in a fake breakout followed by a pullback. When zooming out, it appears there is accumulation occurring around the 2500 price level. Since the price has broken and closed above the range zone and the downward trendline, I believe the market may retest these levels before continuing to push higher. If the market holds above those key levels, we can expect a continuation of the upward movement. My goal is resistance zone around 2770



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