The pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline upwards
The bullish trend upwards to the next resistance at 2603.600000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 2431.560000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2680.340000000 |
| 2nd High | 2635.500000000 |
| Next High | 2603.600000000 |
| Current Price | 2511.460000000 |
| Next Low | 2431.560000000 |
| 2nd Low | 2373.000000000 |
| 3rd Low | 2111.890000000 |
2603.600000000 – 2635.500000000 – 2619.280000000 – 2527.370000000 – 2565.310000000 – 2556.120000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –