ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3083.000000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 2940.240000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3083.000000000 |
| Current Price | 3025.540000000 |
| Next Low | 2940.240000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3083.000000000 – 3010.650000000 – 3020.310000000 – 2940.240000000 – 2903.850000000 – 2923.320000000