Hello everyone
Let’s take a look at the 4H ETH to USDT review.
Note that price is moving under the blue downtrend line.
We can designate 2 support locations for the near future at $ 2459 at the current price, and if the support is broken, the next one is at $ 2296, then there is a support zone from $ 1856 to $ 1694.
Looking the other way, let’s move on to determining the resistance line that the price must break in the event of an increase, the first resistance will be at $ 2589, if we manage to break it, the next resistance is at $ 2675 and another at $ 2747 and $ 2821.
Note that the CHOP indicator shows that the energy has regained strength in this interval.