The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 2457.320000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 2389.690000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2546.910000000 |
| 2nd High | 2520.920000000 |
| Next High | 2457.320000000 |
| Current Price | 2426.170000000 |
| Next Low | 2389.690000000 |
| 2nd Low | 2111.890000000 |
| 3rd Low | 1787.010000000 |
2457.320000000 – 2520.920000000 – 2460.300000000 – 2409.510000000 – 2408.020000000 – 2389.690000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Head and Shoulder chart pattern