Hello Crypto Lovers, This is a 1D frame analysis for ETHUSDT As we can see, Bitcoin's price has hit its 4-hour support line and the previous consolidation has been broken. If the price can hold above the support line, it can re-establish itself to its resistance line and if it breaks the first resistance line and holds above it, it can move towards higher regions. However, if the 4-hour support line is completely broken, we can expect a pullback to the second support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
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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.