Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards

A bearish trend downwards to the next support at 3313.880000000 will continue.

Caution: A possible change in the direction of the resistance line at 3509.990000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 3547.950000000
2nd High 3514.940000000
Next High 3509.990000000
Current Price 3469.860000000
Next Low 3313.880000000
2nd Low 3305.000000000
3rd Low 3304.630000000

Download ETH/USDT Signal Image

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