ETH/USDT – 4H – BUYThe pair breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 2769.480000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 2357.590000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 2769.48 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2769.480000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2769.480000000 |
| Current Price | 2733.300000000 |
| Next Low | 2357.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |