Since the Jan 20-21 dip in Ethereum prices due to concern of interest rate hikes from the FED, there has been a general upward trend. The linear line graphed appears to approximate support levels for this upward trend well as it has been tested several times. At the time of writing, Ethereum prices are currently at an estimated support level. This suggests a...
Daily ETH/USDT prices show an Inverse Head and Shoulders, hinting at a shift from a downward trend to an upward trend.
Moreover, 1-hour ETH/USDT prices show we are also at a support level of an upward-trending graph since the dip in Jan 20-21.