ETH/USDT – 30M – BUYThe combination breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 2486.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 2357.590000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2487.95596 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 2486.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2497.890000000 |
| 2nd High | 2491.390000000 |
| Next High | 2486.000000000 |
| Current Price | 2451.790000000 |
| Next Low | 2357.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |