ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 4817.400000000 will continue.
Caution: A possible change in the direction of the support line at 4720.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next 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 chart scenario. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 4887.59 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 4817.400000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4887.590000000 |
| Next High | 4817.400000000 |
| Current Price | 4795.960000000 |
| Next Low | 4720.000000000 |
| 2nd Low | 4690.720000000 |
| 3rd Low | 4659.700000000 |
4817.400000000 – 4768.900000000 – 4887.590000000 – 4720.000000000 – 4690.720000000 – 4659.700000000 — 46.183574326427 – 48.533592052931