ETH/USDT – 4H – BUYThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 2680.340000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 2481.200000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2608.175 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 2680.340000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2834.860000000 |
| Next High | 2680.340000000 |
| Current Price | 2529.850000000 |
| Next Low | 2481.200000000 |
| 2nd Low | 2477.730000000 |
| 3rd Low | 2381.490000000 |
2680.340000000 – 2834.860000000 – 2679.880000000 – 2481.200000000 – 2477.730000000 – 2381.490000000