ETH/USDT – 30M – BUYThe currency pair breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 2666.220000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 2607.920000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2670.98322 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2666.220000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2702.820000000 |
| 2nd High | 2673.500000000 |
| Next High | 2666.220000000 |
| Current Price | 2645.200000000 |
| Next Low | 2607.920000000 |
| 2nd Low | 2554.050000000 |
| 3rd Low | 2524.580000000 |