The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 2163.66 will persist.
Caution: A possible counter-trend in the direction of the support level at 1945.08 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2141.33984 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 2163.66 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2295.74 |
| 2nd High | 2199 |
| Next High | 2163.66 |
| Current Price | 2076.590000000 |
| Next Low | 1945.08 |
| 2nd Low | 1929.56 |
| 3rd Low | 1921.7 |
2163.66 – 2144.2 – 2199 – 2093.63 – 1945.08 – 1929.56 —
2122.910000000 – 2071.000000000 —
46.146480787817 – 33.334824968794 —
– —
2163.66 – 1772706600