@BOMBERuss 17 June 2021 more from that month

The exchange rate of the native coin of the Ethereum ETH blockchain has been moving along the downward resistance line since May 19. At the moment, the price has already bounced off this line five times (red icons). The local high was marked at $3,017. Also, on May 30, ETH rebounded from the Fibo level of 0.618 correction (green icon) and has been moving along the upward support line ever since. Together with the resistance line indicated above, this creates a symmetrical triangle on the chart. Its bullish breakout will make the most likely resistance level of the Fibo 0.618 correction at $3,368. However, despite this, the longer-term outlook for ETH presumably remains bearish. #CryptoTrading