Hello, community members welcome to this ETH/USDT 4hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As we can see from the above mentioned chart that ETH/USDT moved upside well which is almost 6.25% from the green support level.
Now here we can see some correction and ETH CAN move down to the support level of $2000 in upcoming hours and pump.
ETH will pump towards the lower trend line of this channel pattern and break and will get inside the channel.
Here I am expecting a break to this channel towards the price level of $2400 to become bullish for short term.
INVALIDATION: candle close below the lower green support in a 1hr time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.