ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 3514.940000000 is certain.
Caution: A possible change in the direction of the support line at 3304.630000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 3469.83872 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 3514.940000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4031.380000000 |
| 2nd High | 3547.950000000 |
| Next High | 3514.940000000 |
| Current Price | 3429.990000000 |
| Next Low | 3304.630000000 |
| 2nd Low | 3216.970000000 |
| 3rd Low | 3032.590000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers