Hello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving in a triangle marked with yellow lines.
Let's start with setting the support line and as you can see the first support on which the price is currently based is $1210, if the support is broken then the next support is $1119, $1049 and $977.
Now let's...
Ethereum is battling with rising selling pressure on Monday. The entire cryptocurrency market is sliding slightly lower than the recent weekly close. An impressive recovery from the primary support at $200 scaled the levels above the 50 Simple Moving Average 1-hour chart.
A break above the descending channel resistance pushed the price higher. Ethereum stepped...
