ETH/USDT – 1H – BUYThe pair breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 2673.410000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 2615.210000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2641.325 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2673.410000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2728.600000000 |
| 2nd High | 2684.510000000 |
| Next High | 2673.410000000 |
| Current Price | 2618.820000000 |
| Next Low | 2615.210000000 |
| 2nd Low | 2554.050000000 |
| 3rd Low | 2524.580000000 |