ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 3650.440000000 is likely expected.
Caution: A possible change in the direction of the support level at 3593.700000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Belt Hold’ chart pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4107.800000000 |
| 2nd High | 4031.380000000 |
| Next High | 3650.440000000 |
| Current Price | 3630.750000000 |
| Next Low | 3593.700000000 |
| 2nd Low | 3421.790000000 |
| 3rd Low | 3323.030000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold