$ETH #TradingIdeas

ETH/USDT D

The $2,650 point has been reached - an important level, because here we will understand under which of the scenarios the asset will go further.

🐂 Bullish scenario if the price is fixed above the descending line of this triangle. 

An important level will be the price of $2,650, where EMA365 is located, which is also important for buyers to break through and secure higher for free growth.

🐻 Bearish scenario - if sellers can protect the level of the descending trend line ($2,650) and further continue the corrective movement.

In this case, the asset will test the ascending line of the triangle at the price of $2,410.

If the sellers cannot hold this level, then the movement will be towards a stronger support line at the price of $1,990.

P.S. This is not financial advice or a call to action. Control your risks.