ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 2858.16 is certain.
Caution: A possible change in the direction of the support line at 2704.33 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3223.38 |
| 2nd High | 3169.95 |
| Next High | 2858.16 |
| Current Price | 2866.970000000 |
| Next Low | 2704.33 |
| 2nd Low | 2623.57 |
| 3rd Low | 2512 |
2858.16 – 2852.17 – 2806.84 – 2704.33 – 2623.57 – 2946.56 — 52.527281702107 – 59.851528918606 — 70.300092088188 – 82.173942379057 – 53.751092132868 – 71.53909776304
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down – –