ETH/USDT – 1H – BUYThe combination breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 2430.320000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 2277.340000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 2419.35998 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 2430.320000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2490.000000000 |
| 2nd High | 2464.820000000 |
| Next High | 2430.320000000 |
| Current Price | 2398.400000000 |
| Next Low | 2277.340000000 |
| 2nd Low | 2263.290000000 |
| 3rd Low | 2252.390000000 |