The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 3834.030000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 3716.040000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 3795.91276 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 3834.030000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3834.030000000 |
| Current Price | 3770.640000000 |
| Next Low | 3716.040000000 |
| 2nd Low | 3709.390000000 |
| 3rd Low | 3599.440000000 |
3834.030000000 – 3886.440000000 – 3782.830000000 – 3716.040000000 – 3709.390000000 – 3599.440000000 — 44.652220544548 – 46.793562400048
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up –