Ethereum is a pivotal area - ETH/USDT
Help with peak🔴 and trough🔵 indicators After the strong rise in Ethereum prices, the price reached the upper trend area of the descending channel in black and is approaching the resistance area in green 2800. A downward rebound is expected from this area, so we should look for selling opportunities in the coming days if it remains below this area, and this would be the first scenario.
The second scenario is if the resistance area is breached, it then turns into support, and afterwards Ethereum continues the upward trend.
🍁The analysis published on this page is for educational purposes and not for application 🔥👍📈