The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 3014.09 is expected.
Caution: A possible change in the direction of support at 2961.91 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 shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 3099 |
| Next High | 3014.09 |
| Current Price | 2990.400000000 |
| Next Low | 2961.91 |
| 2nd Low | 2888.69 |
| 3rd Low | 2857.32 |
3014.09 – 3099 – 3044.44 – 2961.91 – 2986.09 – 3011.22 — 44.472932028142 – 45.529516978261 — 78.859197081585 – 76.682781703235 – 84.409735134912 – 79.002638615878