ETH/USDT – 30M – BUYThe pair breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 2486.000000000 is expected.
Caution: A possible trend reversal in the direction of the support line at 2401.300000000 could occur.
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 expected. Current target is 2467.8658 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 2486.000000000 could occur.
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 | 2484.900000000 |
| Next Low | 2401.300000000 |
| 2nd Low | 2357.590000000 |
| 3rd Low | 2330.660000000 |