parissap

ETHUSDT in parallel channel

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BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
#ETHUSDT
#ETH price make a new all time High that touched the top line of parallel channel, now it should have pullback to the broken zone between $2500 and $2400 (that is the same price as SMA20).

If bulls success to hold above this support zone price can extend its rally to new ATH, and maybe break out from channel.

and if bears have power to force the price below this support zone, then $ETH can go down toward SMA50 around $2100.

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