ETH/USDT – 1H – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 2566.330000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 2382.590000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2576.035 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 2566.330000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2769.480000000 |
| Next High | 2566.330000000 |
| Current Price | 2480.860000000 |
| Next Low | 2382.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |