ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 2987 will continue.
Caution: A possible trend reversal in the direction of the support line at 2865.09 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3223.38 |
| 2nd High | 3169.95 |
| Next High | 2987 |
| Current Price | 2895.450000000 |
| Next Low | 2865.09 |
| 2nd Low | 2788 |
| 3rd Low | 2763 |
2987 – 2885.75 – 2858.16 – 2865.09 – 2788 – 2763 — 42.730580580985 – 46.586917329584 — 42.849409448819 – 35.278871391076 – 58.286307961505 – 43.886154855643