In addition a ‘Double bottom chart pattern’ chart formation is discovered. The formation shows ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
The combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 3716.610000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 3647.630000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3886.440000000 |
| 2nd High | 3878.670000000 |
| Next High | 3716.610000000 |
| Current Price | 3726.960000000 |
| Next Low | 3647.630000000 |
| 2nd Low | 3574.050000000 |
| 3rd Low | 3546.000000000 |
3716.610000000 – 3698.600000000 – 3662.000000000 – 3647.630000000 – 3574.050000000 – 3546.000000000 — 62.848186306457 – 69.438629275494
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –