The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 3919.600000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 3831.500000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 3896.75 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 3919.600000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3968.470000000 |
2nd High | 3945.000000000 |
Next High | 3919.600000000 |
Current Price | 3889.210000000 |
Next Low | 3831.500000000 |
2nd Low | 3825.030000000 |
3rd Low | 3796.800000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers