ETH/USDT 4h interval chart
Hello everyone, I invite you to a quick review of the ETH to USDT chart for the 4H period. As we can see, the price is approaching leaving the local triangle, which indicates a possible direction for further movement.
When the price starts to reverse, support levels are visible at $3,088, then support levels are visible at $3,048, and support levels are at $2,986, $2,942, and $2,885.
However, when the price moves up again, it must overcome the resistance at $3,166 to continue towards the strong resistance at $3,264.
Looking at the RSI indicator, we can see that we have entered the upper part of the range, but there is still room for the price to go up.
When the price starts to reverse, support levels are visible at $3,088, then support levels are visible at $3,048, and support levels are at $2,986, $2,942, and $2,885.
However, when the price moves up again, it must overcome the resistance at $3,166 to continue towards the strong resistance at $3,264.
Looking at the RSI indicator, we can see that we have entered the upper part of the range, but there is still room for the price to go up.
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.
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.