The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance level at 3301.6 is certain.
Caution: A possible trend reversal in the direction of support at 3126 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3565.84 |
| 2nd High | 3308.86 |
| Next High | 3301.6 |
| Current Price | 3170.990000000 |
| Next Low | 3126 |
| 2nd Low | 3020.79 |
| 3rd Low | 2977.74 |
3301.6 – 3308.86 – 3253.76 – 3183.27 – 3203.34 – 3126 — 39.487006060293 – 48.211381125509 — 97.466349960412 – 97.466349960412 – 94.894082312362 – 98.310899973608