ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 1973.860000000 is certain.
Caution: A possible change in the direction of the support zone at 1931.01 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1973.025 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1973.860000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2039.05 |
| 2nd High | 1987.55 |
| Next High | 1973.860000000 |
| Current Price | 1943.700000000 |
| Next Low | 1931.01 |
| 2nd Low | 1907 |
| 3rd Low | 1897.24 |
1973.860000000 – 1964.54 – 1987.55 – 1931.01 – 1907 – 1923.78 —
1973.860000000 – 1947.000000000 —
61.727966898647 – 37.610372912758 —
1973.860000000 – 1771581600 —
– 1771581600