The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 3010.390000000 is considered certain.
Caution: A possible change in the direction of the support level at 2923.320000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3040.150000000 |
| Next High | 3010.390000000 |
| Current Price | 2971.190000000 |
| Next Low | 2923.320000000 |
| 2nd Low | 2512.000000000 |
| 3rd Low | 2474.240000000 |
3010.390000000 – 3040.150000000 – 2588.420000000 – 2923.320000000 – 2936.460000000 – 2512.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –