The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 2852.17 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 2777.2 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 2905.93 |
| Next High | 2852.17 |
| Current Price | 2836.500000000 |
| Next Low | 2777.2 |
| 2nd Low | 2704.33 |
| 3rd Low | 2623.57 |
2852.17 – 2759.02 – 2784.12 – 2777.2 – 2704.33 – 2623.57 — 52.909429721011 – 59.495036646982 — 19.844174920323 – 21.667641515565 – 49.495218043022 – 30.321800632526
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –