Ethereum / TetherUS

Daily ETH 4HChart - resistance and support

1817
Hello everyone, let's look at the ETH to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line.

Let's start with the support line and as you can see the first support in the near future is 1855, if the support is broken then the next support is 1803, HKEX:1761 and $1717.

Now let's move on to the resistance line, as you can see the first resistance is 1930, if you break it the next resistance will be 1976, $2021 and $2081.

Looking at the CHOP indicator, we see that there is a lot of energy for a new move, the MACD maintains a local downtrend, while the RSI has a sideways trend.

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