Buy ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) moves from the descending trendline up.

A bullish trend up to the next resistance at 3403.000000000 is expected.

Caution: A possible counter-trend in the direction of the support line at 3293.110000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading 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

Trading Signals:

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