The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 1685.65 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1652.09 could happen.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘StochOSC Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1714.5 |
| 2nd High | 1693.59 |
| Next High | 1685.65 |
| Current Price | 1672.900000000 |
| Next Low | 1652.09 |
| 2nd Low | 1632.71 |
| 3rd Low | 1603.44 |
1685.65 – 1682 – 1693.59 – 1652.09 – 1660.93 – 1632.71 —
1673.880000000 – 1682.550000000 —
46.580886808336 – 43.814261388159 —
– —
1685.65 – 1781256600