Buy ETH/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance line at 3403.000000000 is considered certain.

Caution: A possible trend reversal in the direction of support at 3293.110000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this 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 chance 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

Trading Signals:

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