The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards
An ascent upwards to the next resistance line at 3301.6 will continue.
Caution: A possible change in the direction of the support line at 3126 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.
Next a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3565.84 |
| 2nd High | 3308.86 |
| Next High | 3301.6 |
| Current Price | 3168.880000000 |
| Next Low | 3126 |
| 2nd Low | 3020.79 |
| 3rd Low | 2977.74 |
3301.6 – 3308.86 – 3253.76 – 3183.27 – 3203.34 – 3126 — 29.418162588003 – 31.54334616777 — 8.2484693336084 – 11.219433913061 – 14.778067966409 – 10.096947411997