The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline up.
An ascending movement upwards to the next resistance line at 2148.39 is likely expected.
Caution: A possible change in the direction of the support level at 1800 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2152.03 |
| Next High | 2148.39 |
| Current Price | 1898.880000000 |
| Next Low | 1800 |
| 2nd Low | 1747.8 |
| 3rd Low | 1414.77 |
2148.39 – 1995.56 – 2039.05 – 1800 – 1907 – 1928.88 —
2049.480000000 – 1931.620000000 —
66.216576576741 – 35.883666117133 —
– —
2148.39 – 1772049600