📊 Quick Analysis ETH/USDT (4h) - New All-Time High
ETH broke upward from the symmetrical triangle pattern, accompanied by strong volume, driving the price to the region of US$ 4.850.
This movement was driven by the signaling from Jerome Powell, the Fed chairman, that there may be a 0.25 percentage point cut in interest rates in the US — a factor that heated up risk markets, including cryptos.
🔹 Immediate support: US$ 4.300
🔹 Current resistance: US$ 4.850
The breakout of resistance may open space for new highs, but there may also be corrections after strong movements like this.
⚠️ Remember: graphical analysis is probabilistic, there are no certainties, only trends.
🚫 This is not a recommendation to buy or sell.
👉 Follow me for more quick analyses!
