The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 3177.5 is expected.
Caution: A possible trend reversal in the direction of the support line at 3065.55 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3658.98 |
| 2nd High | 3447.44 |
| Next High | 3177.5 |
| Current Price | 3349.960000000 |
| Next Low | 3065.55 |
| 2nd Low | 3054.65 |
| 3rd Low | 2910.25 |
3057.78 – 3077.39 – 3020 – 3065.55 – 3054.65 – 2910.25 — 63.004258886775 – 64.778988634913 — 51.239785444526 – 42.473237238159 – 63.099272019701 – 52.334620385508
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –