ETH/USDT 4HInterval Chart Review
A quick look at ETH to USDT on the 4-hour time frame. As you can see, the price is moving above the local uptrend line.
After unfolding the Trend based fib extension grid, you can see that the price is struggling with the resistance of $2,995, and then there is significant resistance at $3,168.
Looking the other way, you can see the support zone from $2,887 to $2,854, and then support at $2,763.
The RSI indicator shows that corrections give room for stronger price rebounds, while the STOCH indicator again approached the upper limit, which slows down the growth.
After unfolding the Trend based fib extension grid, you can see that the price is struggling with the resistance of $2,995, and then there is significant resistance at $3,168.
Looking the other way, you can see the support zone from $2,887 to $2,854, and then support at $2,763.
The RSI indicator shows that corrections give room for stronger price rebounds, while the STOCH indicator again approached the upper limit, which slows down the growth.
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