ETH/USDT – 1H – BUYThe combination breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 2702.820000000 will continue.
Caution: A possible change in the direction of support at 2615.210000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2702.82 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 2702.820000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2820.000000000 |
| 2nd High | 2792.280000000 |
| Next High | 2702.820000000 |
| Current Price | 2683.620000000 |
| Next Low | 2615.210000000 |
| 2nd Low | 2554.050000000 |
| 3rd Low | 2524.580000000 |