The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 2388.54 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 2354.340000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2404.37 |
| 2nd High | 2399.5 |
| Next High | 2388.54 |
| Current Price | 2376.370000000 |
| Next Low | 2354.340000000 |
| 2nd Low | 2344.83 |
| 3rd Low | 2314.25 |
2388.54 – 2399.5 – 2390.74 – 2354.340000000 – 2359.71 – 2366.76 —
2376.770000000 – 2373.700000000 —
42.943524317912 – 44.040301260673 —
2354.340000000 – 1778020200 —
2388.54 – 1778014800