ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 2649.310000000 will continue.
Caution: A possible change in the direction of the support line at 2452.200000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2615.95 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 2649.310000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2649.310000000 |
| Current Price | 2644.100000000 |
| Next Low | 2452.200000000 |
| 2nd Low | 2442.400000000 |
| 3rd Low | 2383.800000000 |