Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline up.

An ascent upwards to the next resistance line at 3403.000000000 is expected.

Caution: A possible change in the direction of the support line at 3293.110000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 4107.800000000
Next High 3403.000000000
Current Price 3345.110000000
Next Low 3293.110000000
2nd Low 3252.000000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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