ETH collects a lot of energy on a 1-day interval
Hello everyone, let's take a look at the 1 day ETH to USDT chart, as we can see the price moves in the upward channel marked with yellow lines.
It is worth to designate two support zones which the price has in the event of a correction and as you can see the first zone is from $ 1570 to $ 1442, but if the next zone is broken, the next zone is in the range from $ 1224 to $ 1070.
Now let's move on to the resistance that ETH has in front of it. In this case, we can also designate two zones, the first of which is from $ 1913 to $ 2235, while the second is in the range of $ 2564 - $ 3012.
Let us pay attention to the CHOP indicator, which shows that in the 1-day range we have a lot of energy for consecutive moves, and the MACD indicator shows that we are in a local downward trend.
It is worth to designate two support zones which the price has in the event of a correction and as you can see the first zone is from $ 1570 to $ 1442, but if the next zone is broken, the next zone is in the range from $ 1224 to $ 1070.
Now let's move on to the resistance that ETH has in front of it. In this case, we can also designate two zones, the first of which is from $ 1913 to $ 2235, while the second is in the range of $ 2564 - $ 3012.
Let us pay attention to the CHOP indicator, which shows that in the 1-day range we have a lot of energy for consecutive moves, and the MACD indicator shows that we are in a local downward trend.
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