Hello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is staying above the local uptrend line.
Let's start by drawing a support line in a situation where the correction will deepen, the first support in the near future is
1942, if the support is broken then the next support is 
1915, 
1895 and $1871.
Now let's move on to the resistance line, as you can see the first resistance is
2029, if you manage to break it, the next resistance will be 
2072, $TSE:2107 and $2140.
Looking at the CHOP indicator, we see that the energy has been used up on the short interval, the MACD confirms the local downtrend, while the RSI shows a strong rebound to the lower end of the range, which can give some rest.
Let's start by drawing a support line in a situation where the correction will deepen, the first support in the near future is
1942, if the support is broken then the next support is 1915, 1895 and $1871.Now let's move on to the resistance line, as you can see the first resistance is
2029, if you manage to break it, the next resistance will be 2072, $TSE:2107 and $2140.Looking at the CHOP indicator, we see that the energy has been used up on the short interval, the MACD confirms the local downtrend, while the RSI shows a strong rebound to the lower end of the range, which can give some rest.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。