ETH/USDT – 1H – BUYThe currency pair breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 2728.600000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 2635.540000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 2675.58 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2728.600000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2728.600000000 |
| Current Price | 2711.010000000 |
| Next Low | 2635.540000000 |
| 2nd Low | 2631.020000000 |
| 3rd Low | 2575.400000000 |