ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3099 is certain.
Caution: A possible trend reversal in the direction of the support zone at 2994.36 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3223.38 |
| 2nd High | 3169.95 |
| Next High | 3099 |
| Current Price | 3056.380000000 |
| Next Low | 2994.36 |
| 2nd Low | 2985.78 |
| 3rd Low | 2888.69 |
3099 – 3044.44 – 3071.37 – 2994.36 – 2985.78 – 3004.61 — 53.962913684092 – 54.791208541425 — 39.664479049357 – 40.579653864575 – 35.406176243425 – 38.616839044007