Daily review of ETH interval 4H
Hello everyone, welcome to the chart updates of ETH in pair to USDT. As we can see, we have formed a Rounding Bottom formation, the next move depends on maintaining the current level, however, this formation is characterized by the price going up.
As we can see the first resistance has been touched and the price is struggling to hold it, the next one is at $1327 and then at $1477.
Looking backwards, we have the first support at $1289, the second at $1248, the third at $1213 and the fourth at $1182.
On the CHOP index, taking into account the one-day interval, we see that the energy is exhausted, the MACD confirms the ongoing uptrend, and the RSI is in the upper range, which may bring a small rebound.
As we can see the first resistance has been touched and the price is struggling to hold it, the next one is at $1327 and then at $1477.
Looking backwards, we have the first support at $1289, the second at $1248, the third at $1213 and the fourth at $1182.
On the CHOP index, taking into account the one-day interval, we see that the energy is exhausted, the MACD confirms the ongoing uptrend, and the RSI is in the upper range, which may bring a small rebound.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.