ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 4484.810000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 4435.700000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. 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 persist. Target of the current trend is 4524.11 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 4484.810000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4620.720000000 |
| 2nd High | 4544.440000000 |
| Next High | 4484.810000000 |
| Current Price | 4470.620000000 |
| Next Low | 4435.700000000 |
| 2nd Low | 4412.000000000 |
| 3rd Low | 4350.010000000 |
4484.810000000 – 4544.440000000 – 4620.720000000 – 4435.700000000 – 4558.150000000 – 4553.700000000 — 44.735335644147 – 47.900667474152