ETH/USDT 1HInterval Review Chart
Hello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is moving above the first and second lines of the local uptrend.
After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong support at $1616.
Looking the other way, we can similarly determine minor resistances and here we will first mark the resistance zone from $1733 to $1751, then the resistance at $1765 and the strong resistance at $1780.
Looking at the CHOP indicator, we see that the rebound gathered a lot of energy, on the RSI we have a rebound with room for a further decrease in price, while the STOCH indicator shows room for growth, however, the upward move gives a small price movement on the chart, which may result in a price drop in the next hours .
After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong support at $1616.
Looking the other way, we can similarly determine minor resistances and here we will first mark the resistance zone from $1733 to $1751, then the resistance at $1765 and the strong resistance at $1780.
Looking at the CHOP indicator, we see that the rebound gathered a lot of energy, on the RSI we have a rebound with room for a further decrease in price, while the STOCH indicator shows room for growth, however, the upward move gives a small price movement on the chart, which may result in a price drop in the next hours .
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.