The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 2123.44 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 2086.34 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2295.74 |
| 2nd High | 2209.03 |
| Next High | 2123.44 |
| Current Price | 2113.490000000 |
| Next Low | 2086.34 |
| 2nd Low | 2061.6 |
| 3rd Low | 2037.79 |
2123.44 – 2106.09 – 2209.03 – 2086.34 – 2061.6 – 2078.5 —
2097.150000000 – 2113.530000000 —
39.953621593315 – 48.294525057212 —
– —
2123.44 – 1773565200