ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 2015.33 is considered certain.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2059.21888 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 2015.33 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2103.32 |
| 2nd High | 2023.51 |
| Next High | 2015.33 |
| Current Price | 2018.070000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2015.33 – 2008.58 – 2023.51 – 1941.66 – 1937.24 – 1928.88 —
2004.000000000 – 2002.910000000 —
53.484388874543 – 54.248716412606 —
– —
2015.33 – 1771354800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –