ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 2008.58 is expected.
Caution: A possible change in the direction of the support level at 1937.24 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2014.02 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 2008.58 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2103.32 |
| 2nd High | 2023.51 |
| Next High | 2008.58 |
| Current Price | 1998.690000000 |
| Next Low | 1937.24 |
| 2nd Low | 1928.88 |
| 3rd Low | 1924.72 |
2008.58 – 2023.51 – 1981.2 – 1937.24 – 1928.88 – 2030.9 —
2002.700000000 – 1974.570000000 —
55.60319994714 – 45.673480454091 —
– —
2008.58 – 1771293600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –