Ethereum / TetherUS

ETH maintains the local uptrend line

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Hi everyone,
let's take a look at the ETH to USDT Chart over the 4 hour timeframe.
Let's start by marking the local uptrend line in blue, as you can see the price bounced off it. It is worth observing the direction in which we will go in the coming days.
The first support is at $ 2,848, while the next support is around $ 2,726.
Currently, the price is just below the first resistance at $ 2959. If you manage to break it, the next resistance will appear at $ 3022.
It is worth observing the entire market and the behavior of Bitcoin, which has a huge impact on the cryptocurrency market.

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