ETH/USDT Short-Term 1HInterval
Please see the ETH chart on a one-hour interval. As you can see, the price remains below the downtrend line.
After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183.
Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391.
The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183.
Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391.
The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
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.
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.