Buy ETH/USDT – 1H – BUY

The currency pair breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance level at 2490.510000000 will persist.

Caution: A possible counter-trend in the direction of the support line at 2452.550000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 2490.51 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 2490.510000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 2659.000000000
2nd High 2521.000000000
Next High 2490.510000000
Current Price 2460.710000000
Next Low 2452.550000000
2nd Low 2330.660000000
3rd Low 2310.000000000

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