Hello everyone
Let’s look at the 4H ETH to USDT review.
Please note that the price is moving under the blue downtrend line.
We can designate 3 support locations for the near future at $ 2,584, $ 2,459 and $ 2,296
Looking the other way, let’s move on to the determination of the resistance line which the price has to break in the event of an increase, at this moment the price is approaching the first resistance at $ 2674, if we manage to break it, we have another resistance at $ 2792 and another at $ 2905.
Note that the CHOP indicator shows that the energy in this interval has already been used