$ETH
Currently, the 4H chart for ETH/USDT looks like this:
Strong upward trend — price confidently above EMA50 and EMA200, moving averages are rising at a good angle.
The recent candles show impulsive growth with increased volume, indicating strong buying interest.
The nearest resistance is in the range of 4650–4700 USDT (profit-taking may start there).
Support is at 4400–4450 (local level before the breakout) and EMA50 (3620, but it is still far away).
📈 Forecast:
— Short-term (up to a day): high probability of testing 4650–4700, with a breakout possible for accelerated growth to 4800.
— Medium-term (several days): as long as the price is above 4400 and EMA50, the trend is bullish. A pullback into this zone will look like a correction, not a reversal.