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HelenP. I Ethereum trades in triangle and may rose to resistance

Hi folks today I'm prepared for you ETHEREUM analytics. After a re-test of the level of 1630, the price continued to rise and reached the mark of 1940. By making downward correction, Ethereum formed an upward impulse and rose to the level of 2135. Several times, the price tested the resistance at the level of 2135 and started a local downtrend. Ethereum approached the support zone 1765-1735, but without testing it began to make a deep upward correction. The price re-tested the trendline and continued the downtrend. Ethereum broke through the level of 1875 and, after a slight upward correction, dropped to the support zone. After the re-test, the price rose and traded higher for some time. Ethereum recently went down, re-tested the support zone, and rebounded. The price is now trading below the resistance at the level1875 and may continue to rise and reach it. In this case, a descending triangle will be created. It seems to me that Ethereum may continue the local downtrend, but first it may make an upward correction and test resistance. Therefore, the goal will be set at level 1875. I will update this idea for you as soon as the market situation changes. If you like my analytics you may support me with your like/comment ❤️
Ethereum (Cryptocurrency)ETHUSDTTrend Analysis

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