The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 3748.900000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 3655.190000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3748.900000000 |
| Current Price | 3738.530000000 |
| Next Low | 3655.190000000 |
| 2nd Low | 3616.540000000 |
| 3rd Low | 3526.440000000 |
3748.900000000 – 3798.650000000 – 3860.000000000 – 3655.190000000 – 3616.540000000 – 3719.000000000