ETH/USDT – 4H – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 4769.360000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 4236.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4956.780000000 |
| Next High | 4769.360000000 |
| Current Price | 4517.970000000 |
| Next Low | 4236.000000000 |
| 2nd Low | 4210.610000000 |
| 3rd Low | 4060.000000000 |
4769.360000000 – 4384.060000000 – 4490.000000000 – 4236.000000000 – 4210.610000000 – 4257.200000000 — 43.357986157872 – 47.427951565371