Will ETH stay above the downtrend?
Looking at the ETH / USDT chart on the 4H interval, we can see that the ETH broke the downward trend line and reached the first resistance at $ 3195, unfortunately the price turned back and is currently above the downward trend line.
The previously mentioned resistance at $ 3195 is still there, the next resistance should be encountered at around $ 3512. However, we have support at the price of $ 2,835 and the next indicated on the chart.
The previously mentioned resistance at $ 3195 is still there, the next resistance should be encountered at around $ 3512. However, we have support at the price of $ 2,835 and the next indicated on the chart.
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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.