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Ethshort

ETH has overcome resistance and remains just above it.Hello everyone, let's take a look at the 1H ETH to USDT chart. Let's start by marking the local uptrend line, the price of ETH keeps climbing our line. Now let's move to the support line as you can see the first support is around $ 3,010, however if the current support is broken the next support is $ 2,851, $ 2,718 and $ 2,591. Looking the other way, it's also worth highlighting the resistance points that price has to overcome and we can see that the first resistance is $ 3,396, the next is $ 3,732, and the next is $ 4,157. It's worth paying attention to the CHOP indicator, which shows that despite the last move we still have some energy.
by cryptodailyuk
Will ETH break the approaching resistance?Hello everyone Let's look at the 4H ETH to USDT review. Please note that the price is moving under the blue downtrend line. We can designate 3 support locations for the near future at $ 2,584, $ 2,459 and $ 2,296 Looking the other way, let's move on to the determination of the resistance line which the price has to break in the event of an increase, at this moment the price is approaching the first resistance at $ 2674, if we manage to break it, we have another resistance at $ 2792 and another at $ 2905. Note that the CHOP indicator shows that the energy in this interval has already been used
by cryptodailyuk