The pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 2522.170000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 2431.000000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 2491.37708 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 2522.170000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2546.910000000 |
| 2nd High | 2525.000000000 |
| Next High | 2522.170000000 |
| Current Price | 2457.680000000 |
| Next Low | 2431.000000000 |
| 2nd Low | 2412.000000000 |
| 3rd Low | 2382.530000000 |
2522.170000000 – 2525.000000000 – 2463.880000000 – 2431.000000000 – 2412.000000000 – 2382.530000000