ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 2979.780000000 will continue.
Caution: A possible change in the direction of the support zone at 2903.850000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 3040.15 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 2979.780000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3040.150000000 |
| 2nd High | 3010.390000000 |
| Next High | 2979.780000000 |
| Current Price | 2939.190000000 |
| Next Low | 2903.850000000 |
| 2nd Low | 2512.000000000 |
| 3rd Low | 2474.240000000 |
2979.780000000 – 3010.390000000 – 3040.150000000 – 2903.850000000 – 2923.320000000 – 2936.460000000