The combination Ethereum/Tether (ETH/USDT) goes from the descending trendline up.
An ascent up to the next resistance level at 3002 is expected.
Caution: A possible trend reversal in the direction of the support level at 2920 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3368.82 |
| 2nd High | 3236.26 |
| Next High | 3002 |
| Current Price | 2933.720000000 |
| Next Low | 2920 |
| 2nd Low | 2919.44 |
| 3rd Low | 2914.03 |
3002 – 3236.26 – 3368.82 – 2920 – 3085.17 – 3165.38 —
2971.200000000 – 2946.470000000 —
37.161959709501 – 26.000276388229 —
– —
3002.00000 – 1768973400