The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3671.500000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 3361.200000000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 3673.84 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 3671.500000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3673.840000000 |
| Next High | 3671.500000000 |
| Current Price | 3552.120000000 |
| Next Low | 3361.200000000 |
| 2nd Low | 3310.770000000 |
| 3rd Low | 2932.460000000 |
3671.500000000 – 3673.840000000 – 3480.190000000 – 3361.200000000 – 3310.770000000 – 2932.460000000