ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 2520.920000000 will continue.
Caution: A possible counter-trend in the direction of support at 2389.690000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2548.420000000 |
| 2nd High | 2546.910000000 |
| Next High | 2520.920000000 |
| Current Price | 2437.820000000 |
| Next Low | 2389.690000000 |
| 2nd Low | 2111.890000000 |
| 3rd Low | 1787.010000000 |
2520.920000000 – 2460.300000000 – 2546.910000000 – 2389.690000000 – 2111.890000000 – 2216.000000000