ETH/USDT Short-Term 1HInterval
Please see the ETH chart on a one-hour interval. As you can see, the price remains below the downtrend line.
After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183.
Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391.
The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
After unfolding the Fib Retracement grid, you can see the support zone from $2,259 to $2,239, followed by strong support around $2,183.
Looking the other way, we will mark the resistance zone from $2,298 to $2,333, and then the resistance at $2,391.
The RSI shows how the indicator has rebounded from the downward trend line, with room for a larger decline, while the STOCh indicator still has energy for a downward move.
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