Ethereum / Tether

ETH/USDT 1H Short-Term Review

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I invite you to a quick preview of ETH to USDT on a one-hour interval. As you can see, the price remains above the local downtrend line.

After unfolding the Fib Retracement saitka, support is visible at the level of $2,782, while the level of $2,718 is still important.

Looking the other way, you can see an important resistance zone from $2,836 to $2,868.

The RSI indicator shows room for an upward price movement, while the STOCH indicator is again approaching the upper limit, which may limit increases.

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