The combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 3782.830000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3601.560000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3782.830000000 |
| Current Price | 3743.600000000 |
| Next Low | 3601.560000000 |
| 2nd Low | 3599.440000000 |
| 3rd Low | 3502.850000000 |
3782.830000000 – 3767.130000000 – 3747.000000000 – 3601.560000000 – 3599.440000000 – 3502.850000000 — 52.525681641431 – 54.417888283067
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – –