The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 2030 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1997.24 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 2031.855 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2030 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2140.49 |
| 2nd High | 2096.71 |
| Next High | 2030 |
| Current Price | 2025.230000000 |
| Next Low | 1997.24 |
| 2nd Low | 1967.38 |
| 3rd Low | 1967 |
2021.51 – 2030 – 2096.71 – 1997.24 – 1967.38 – 1967 —
2014.180000000 – 2001.890000000 —
50.62886359874 – 31.952704835872 —
– —
2021.51 – 1780034400