ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 3798.650000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 3616.540000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Inside Up’ candle chart pattern is detected. The candles show ‘Three Inside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3860.000000000 |
| Next High | 3798.650000000 |
| Current Price | 3706.330000000 |
| Next Low | 3616.540000000 |
| 2nd Low | 3526.440000000 |
| 3rd Low | 3477.580000000 |
3798.650000000 – 3860.000000000 – 3824.560000000 – 3616.540000000 – 3719.000000000 – 3681.600000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Inside Up – Double top retreat up