The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 2343.82 will persist.
Caution: A possible trend reversal in the direction of the support line at 2110 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 2310.25692 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 2343.82 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2396.62 |
| Next High | 2343.82 |
| Current Price | 2148.260000000 |
| Next Low | 2110 |
| 2nd Low | 1778.94 |
| 3rd Low | 1606.01 |
2343.82 – 2396.62 – 3045.78 – 2110 – 2157.14 – 2250 —
2226.280000000 – 2180.900000000 —
34.352153821423 – 35.600296208937 —
– —
2343.82 – 1770148800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –