Hello everyone, let's take a look at the ETHUSDT chart on the 1D interval. As you can see, we managed to leave the downtrend channel upwards, and we are currently moving over the local uptrend line.
Now let's move on to the designation of the support line and as you can see the first support where the price is currently at is one thousand five hundred and two dollars, if the support breaks down, the next support is one thousand four hundred and forty dollars, the next one thousand three hundred ninety six dollars and one thousand three hundred and forty three dollars.
Now let's move on to the resistance line, as you can see, the first resistance is sixteen hundred and twelve dollars, if you can break it, the next resistance will be one thousand seven hundred and twelve dollars, the next one is one thousand eight hundred forty-six and two thousand and forty-one dollars.
Please look at the CHOP index, we can see that on the one-day interval, energy is at the very bottom, and the MACD indicates an upward trend.
Now let's move on to the designation of the support line and as you can see the first support where the price is currently at is one thousand five hundred and two dollars, if the support breaks down, the next support is one thousand four hundred and forty dollars, the next one thousand three hundred ninety six dollars and one thousand three hundred and forty three dollars.
Now let's move on to the resistance line, as you can see, the first resistance is sixteen hundred and twelve dollars, if you can break it, the next resistance will be one thousand seven hundred and twelve dollars, the next one is one thousand eight hundred forty-six and two thousand and forty-one dollars.
Please look at the CHOP index, we can see that on the one-day interval, energy is at the very bottom, and the MACD indicates an upward trend.
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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.