ETH/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 2726.780000000 is considered certain.
Caution: A possible change in the direction of support at 2655.610000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2788.000000000 |
| 2nd High | 2744.420000000 |
| Next High | 2726.780000000 |
| Current Price | 2759.990000000 |
| Next Low | 2655.610000000 |
| 2nd Low | 2477.730000000 |
| 3rd Low | 2457.000000000 |
2726.780000000 – 2548.630000000 – 2521.130000000 – 2655.610000000 – 2477.730000000 – 2490.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Outside Up