The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 3764.200000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3655.190000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 3738.27 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 3764.200000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3764.200000000 |
| Current Price | 3691.940000000 |
| Next Low | 3655.190000000 |
| 2nd Low | 3616.540000000 |
| 3rd Low | 3526.440000000 |
3764.200000000 – 3748.900000000 – 3798.650000000 – 3655.190000000 – 3616.540000000 – 3719.000000000