ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 4817.400000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 4690.720000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4887.590000000 |
| Next High | 4817.400000000 |
| Current Price | 4779.840000000 |
| Next Low | 4690.720000000 |
| 2nd Low | 4659.700000000 |
| 3rd Low | 4207.390000000 |
4817.400000000 – 4768.900000000 – 4887.590000000 – 4690.720000000 – 4659.700000000 – 4207.390000000 — 46.146850779178 – 52.182934396324
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – Double top retreat up – –