The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 3069.07 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 2906.02 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3368.82 |
| 2nd High | 3236.26 |
| Next High | 3069.07 |
| Current Price | 2953.610000000 |
| Next Low | 2906.02 |
| 2nd Low | 2866.11 |
| 3rd Low | 2775.19 |
3069.07 – 3002 – 3236.26 – 2906.02 – 2866.11 – 2920 —
2957.860000000 – 2955.890000000 —
40.699750117475 – 46.920977014895 —
– —
3069.07000 – 1769023800