The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 3563.65 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 3358.66 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3654.54 |
| 2nd High | 3587.66 |
| Next High | 3563.65 |
| Current Price | 3596.770000000 |
| Next Low | 3358.66 |
| 2nd Low | 3355.58 |
| 3rd Low | 3194.2 |
3563.65 – 3415.62 – 3488 – 3358.66 – 3355.58 – 3418.6 — 66.913079752626 – 69.372291112183 — 39.767836576347 – 40.116384797236 – 42.604716008971 – 39.011133337374