Ethereum is getting bounce from the strongest support of broadening formation


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Hey dear friends, hope you are well and welcome to the new update on the Ethereum coin.

The price line of ETH has formed a broadening formation and again taking bounce from the support of this pattern.



https://www.tradingview.com/chart/ETHBTC/ht7b0Dry-Ethereum-is-getting-bounce-from-the-strongest-support/



There is also 50 simple moving average support as well.
After the bounce, the next move can be up to 0. 05 btc , and definitely, it will be a more powerful move against the USD as well.
The support of the broadening formation should be used as a stop loss.




























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