ETH/USDT – 30M – BUYThe pair breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 2497.890000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 2411.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 2498.9 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 2497.890000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2586.800000000 |
| 2nd High | 2523.450000000 |
| Next High | 2497.890000000 |
| Current Price | 2466.400000000 |
| Next Low | 2411.000000000 |
| 2nd Low | 2382.590000000 |
| 3rd Low | 2330.660000000 |