Next a ‘Double bottom chart pattern’ chart formation is discovered. The chart shows ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 3716.610000000 will persist.
Caution: A possible change in the direction of the support line at 3647.630000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 – –