ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 1779.9 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1565.26 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1810.21 |
| 2nd High | 1796.08 |
| Next High | 1779.9 |
| Current Price | 1705.750000000 |
| Next Low | 1565.26 |
| 2nd Low | 1552.92 |
| 3rd Low | 1550.2 |
1646.26 – 1604.02 – 1637.58 – 1565.26 – 1552.92 – 1550.2 —
1657.530000000 – 1707.140000000 —
65.862280404622 – 71.904892008571 —
– —
1646.26 – 1782943200