ETH/USDT – 4H – BUYThe pair breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 2769.480000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 2357.590000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 2769.48 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2769.480000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2769.480000000 |
| Current Price | 2733.300000000 |
| Next Low | 2357.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |