ETH/USDT – 30M – BUYThe combination breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 2684.510000000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 2655.500000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 2701.83996 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2684.510000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2792.280000000 |
| 2nd High | 2728.600000000 |
| Next High | 2684.510000000 |
| Current Price | 2679.990000000 |
| Next Low | 2655.500000000 |
| 2nd Low | 2650.000000000 |
| 3rd Low | 2641.300000000 |