The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 2398.93 is certain.
Caution: A possible trend reversal in the direction of the support level at 2309.24 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2398.93 |
| Current Price | 2370.090000000 |
| Next Low | 2309.24 |
| 2nd Low | 2297.59 |
| 3rd Low | 2220.36 |
2398.93 – 2343.6 – 2325.28 – 2309.24 – 2297.59 – 2220.36 —
2365.110000000 – 2370.360000000 —
57.788942423745 – 51.420264297464 —
– —
2398.93 – 1777867200