Daily review of ETH interval 4H
Hello everyone, let's look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving in a triangle and is getting closer to leaving it.
Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480.
Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480.
Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.