On the hourly chart of ETH/USD, a connected trend line is also developing a strong support for long interval, with resistance located close to $1,700 and the 100 hourly simple moving average. Any further gains may perhaps pave the way for a move in the short term toward the $1,780 resistance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.