The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 3308.86 is certain.
Caution: A possible change in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3223.55746 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 3308.86 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3648.27 |
| 2nd High | 3588.19 |
| Next High | 3308.86 |
| Current Price | 3133.130000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3308.86 – 3265.66 – 3167.22 – 3183.27 – 2958.91 – 2944.76 — 50.581700828765 – 56.264017877657 — 61.099585062241 – 72.898712629003 – 44.056105259425 – 55.841046919885
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –