ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 2331.85 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 2300.22 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2354.585 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 2331.85 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.58 |
| 2nd High | 2338.79 |
| Next High | 2331.85 |
| Current Price | 2320.800000000 |
| Next Low | 2300.22 |
| 2nd Low | 2285.42 |
| 3rd Low | 2284.19 |
2331.85 – 2338.79 – 2343.58 – 2300.22 – 2285.42 – 2305.61 —
2318.400000000 – 2321.410000000 —
46.598171532281 – 47.850893032872 —
– —
2331.85 – 1777032000