The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 4663.930000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 4311.040000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4690.020000000 |
| Next High | 4663.930000000 |
| Current Price | 4541.630000000 |
| Next Low | 4311.040000000 |
| 2nd Low | 4207.390000000 |
| 3rd Low | 4204.200000000 |
4663.930000000 – 4645.930000000 – 4451.720000000 – 4538.690000000 – 4311.040000000 – 4519.960000000 — 47.104581563611 – 47.983457759737