Ethereum/USDT 4H Chart Analysis

115


This chart presents a technical analysis of ETH/USDT on the 4-hour timeframe. The price has recently tested key support zones and is showing signs of potential reversal. Based on the drawn structure, a possible bullish scenario is outlined, indicating a potential recovery towards key resistance levels around $2,900.

Support Zones: The price has tested multiple demand zones near $2,150–$2,200, which could act as a strong foundation for an upward move.
Resistance Zones: Key supply areas are marked near $2,900 and $3,500, where sellers might step in.
Market Structure: The outlined projection suggests a bullish breakout from the current range, with a stair-step movement towards higher price levels.
This analysis is based on technical factors and price action. Let me know your thoughts! 🚀

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.