ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 3159.200000000 will continue.
Caution: A possible change in the direction of support at 3032.590000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 3183.09658 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 3159.200000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.400000000 |
| 2nd High | 3224.940000000 |
| Next High | 3159.200000000 |
| Current Price | 3144.800000000 |
| Next Low | 3032.590000000 |
| 2nd Low | 3029.410000000 |
| 3rd Low | 3014.500000000 |