The currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 1820.74 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1881.59 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1929.48 |
| 2nd High | 1894.38 |
| Next High | 1881.59 |
| Current Price | 1822.160000000 |
| Next Low | 1820.74 |
| 2nd Low | 1750.2 |
| 3rd Low | 1737.68 |
1881.59 – 1894.38 – 1929.48 – 1820.74 – 1862.57 – 1908.12 —
1836.270000000 – 1827.180000000 —
39.635091900415 – 38.483277828759 —
– —
1881.59 – 1784239200