Buy ETH/USDT – 1H – BUY

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:

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