ETH/USDT – 4H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 4490.640000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 4210.610000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4508.39 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 4490.640000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4663.930000000 |
| 2nd High | 4498.470000000 |
| Next High | 4490.640000000 |
| Current Price | 4277.780000000 |
| Next Low | 4210.610000000 |
| 2nd Low | 4060.000000000 |
| 3rd Low | 3546.000000000 |
4490.640000000 – 4498.470000000 – 4663.930000000 – 4210.610000000 – 4257.200000000 – 4311.040000000 — 41.078319582177 – 43.706734783371