The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 2885.75 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 2763 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 2905.93 |
| Next High | 2885.75 |
| Current Price | 2803.410000000 |
| Next Low | 2763 |
| 2nd Low | 2704.33 |
| 3rd Low | 2623.57 |
2885.75 – 2858.16 – 2852.17 – 2763 – 2786.63 – 2777.2 — 41.964079238032 – 44.746157228347 — 5.7947534652331 – 8.1267285253735 – 5.5552828099345 – 6.8235499479056