ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 3010.650000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 2940.240000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3040.150000000 |
| 2nd High | 3020.310000000 |
| Next High | 3010.650000000 |
| Current Price | 3053.010000000 |
| Next Low | 2940.240000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3010.650000000 – 3020.310000000 – 2967.970000000 – 2940.240000000 – 2903.850000000 – 2923.320000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –