The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 2858.16 is expected.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 2905.93 |
| Next High | 2858.16 |
| Current Price | 2877.930000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2858.16 – 2852.17 – 2759.02 – 2763 – 2786.63 – 2777.2 — 50.984061537716 – 62.277217294327 — 63.523763414831 – 64.773124613357 – 77.443807884379 – 68.773142544626
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –