ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards
A bullish trend upwards to the next resistance line at 3764.200000000 will persist.
Caution: A possible trend reversal in the direction of support at 3526.440000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3668.79 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 3764.200000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3860.000000000 |
| Next High | 3764.200000000 |
| Current Price | 3604.240000000 |
| Next Low | 3526.440000000 |
| 2nd Low | 3477.580000000 |
| 3rd Low | 2932.460000000 |
3764.200000000 – 3860.000000000 – 3824.560000000 – 3616.540000000 – 3681.600000000 – 3526.440000000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern –