The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 3764.200000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3655.190000000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3764.200000000 |
| Current Price | 3671.430000000 |
| Next Low | 3655.190000000 |
| 2nd Low | 3616.540000000 |
| 3rd Low | 3526.440000000 |
3764.200000000 – 3748.900000000 – 3798.650000000 – 3655.190000000 – 3616.540000000 – 3719.000000000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – –