ETH/USDT – 30M – BUYThere is also a ‘Falling Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 2585.200000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 2502.900000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 2656.295 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2585.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2834.860000000 |
| Next High | 2585.200000000 |
| Current Price | 2571.900000000 |
| Next Low | 2502.900000000 |
| 2nd Low | 2481.200000000 |
| 3rd Low | 2477.730000000 |
2585.200000000 – 2834.860000000 – 2798.760000000 – 2502.900000000 – 2481.200000000 – 2655.610000000