The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 2338.37 is considered certain.
Caution: A possible trend reversal in the direction of support at 2300 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.74 |
| 2nd High | 2346.89 |
| Next High | 2338.37 |
| Current Price | 2329.240000000 |
| Next Low | 2300 |
| 2nd Low | 2265.61 |
| 3rd Low | 2252.42 |
2338.37 – 2325.33 – 2321.22 – 2300 – 2303.19 – 2265.61 —
2328.080000000 – 2329.710000000 —
53.691006095478 – 51.807033283743 —
– —
2338.37 – 1778349600