The pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 3308.86 is expected.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3648.27 |
| 2nd High | 3588.19 |
| Next High | 3308.86 |
| Current Price | 3220.240000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3308.86 – 3265.66 – 3167.22 – 3183.27 – 2958.91 – 2944.76 — 45.170742042248 – 45.651031653394 — 9.5178019382438 – 12.968678342567 – 13.44233445803 – 10.635123300836
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Triple bottom chart pattern – –