ETH/USDT 1H Interval Review
Hello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, we see that the first support is at $1853, the second at $1848, the third at $1844 and the fourth at $1837.
Now let's move on to the resistances, first there is the resistance zone where the price is from $1855 to $1857, then resistance at $1860, third resistance at $1863, then fourth resistance at $1868.
The CHOp index indicates that there is still energy to move, the RSI moves around the middle of the range, while the STOCH index indicates that there is room for the price to go a little higher.
After unfolding the Fib Retracement grid, we see that the first support is at $1853, the second at $1848, the third at $1844 and the fourth at $1837.
Now let's move on to the resistances, first there is the resistance zone where the price is from $1855 to $1857, then resistance at $1860, third resistance at $1863, then fourth resistance at $1868.
The CHOp index indicates that there is still energy to move, the RSI moves around the middle of the range, while the STOCH index indicates that there is room for the price to go a little higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.