ETH/USDT – 4H – BUYThe currency pair goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 2722.300000000 is considered certain.
Caution: A possible change in the direction of the support line at 2382.590000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
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 2550.07 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 2722.300000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2769.480000000 |
| Next High | 2722.300000000 |
| Current Price | 2467.640000000 |
| Next Low | 2382.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |