The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 3150 is certain.
Caution: A possible counter-trend in the direction of support at 2907.52 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3225 |
| 2nd High | 3193.33 |
| Next High | 3150 |
| Current Price | 3134.310000000 |
| Next Low | 2907.52 |
| 2nd Low | 2782.19 |
| 3rd Low | 2716.04 |
3150 – 3058.01 – 3069 – 2907.52 – 3013.25 – 3066.37 — 59.685430681432 – 60.310281674229 — 73.874708384795 – 75.447715109098 – 76.132423635618 – 75.171725881534