The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 3131.060000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 3014.500000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 3172.75 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 3131.060000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 3331.000000000 |
2nd High | 3240.400000000 |
Next High | 3131.060000000 |
Current Price | 3101.290000000 |
Next Low | 3014.500000000 |
2nd Low | 2990.580000000 |
3rd Low | 2401.300000000 |