Daily ETH 4HChart - resistance and support
Hello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1772, if the support is broken then the next support is $1713, $1671 and $1626.
Now let's move on to the resistance line, as you can see the first resistance is $1821 where the price is struggling to hold, if it holds, the next resistance will be $1890, $1946 and $2003.
Looking at the CHOP indicator, we see that the energy is running out, the MACD indicates an uptrend, while the RSI is moving in the upper part and with small corrections creates room for increases.
Let's start with the support line and as you can see the first support in the near future is $1772, if the support is broken then the next support is $1713, $1671 and $1626.
Now let's move on to the resistance line, as you can see the first resistance is $1821 where the price is struggling to hold, if it holds, the next resistance will be $1890, $1946 and $2003.
Looking at the CHOP indicator, we see that the energy is running out, the MACD indicates an uptrend, while the RSI is moving in the upper part and with small corrections creates room for increases.
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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.