The pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 4378.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 4106.370000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 4318.3189 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 4378.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4533.950000000 |
| 2nd High | 4388.650000000 |
| Next High | 4378.000000000 |
| Current Price | 4242.190000000 |
| Next Low | 4106.370000000 |
| 2nd Low | 4060.000000000 |
| 3rd Low | 3647.630000000 |
4378.000000000 – 4242.000000000 – 4340.150000000 – 4106.370000000 – 4060.000000000 – 4193.770000000 — 39.269328143407 – 43.870785744393
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –