ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 3150.000000000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 3076.000000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3133.935 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 3150.000000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.400000000 |
| 2nd High | 3224.940000000 |
| Next High | 3150.000000000 |
| Current Price | 3102.910000000 |
| Next Low | 3076.000000000 |
| 2nd Low | 3050.010000000 |
| 3rd Low | 3042.930000000 |