ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 2522.170000000 will continue.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2491.37708 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2522.170000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2546.910000000 |
| 2nd High | 2525.000000000 |
| Next High | 2522.170000000 |
| Current Price | 2457.680000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2522.170000000 – 2525.000000000 – 2463.880000000 – 2431.000000000 – 2412.000000000 – 2382.530000000