#ETH# Let's analyze the chart and indicators to make a price prediction for ETH/USDT:
Current Observations:
* Price Action: The price is currently at $1,636.61, showing a +1.72% increase. However, the overall trend from the left side of the chart indicates a significant downtrend.
* Key Levels:
* Resistance: $2,049.39 (previous support level turned resistance)
* Support: $1,385.00 (previous low)
* Indicators:
* KDJ (9,3,3): K=47.85, D=39.19, J=65.18. The J line crossing above the K and D lines suggests potential bullish momentum in the short term.
* RSI (6, 12, 24): All RSI val