The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline upwards
An ascent up to the next resistance level at 4690.020000000 will continue.
Caution: A possible trend reversal in the direction of support at 4207.390000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4956.780000000 |
| Next High | 4690.020000000 |
| Current Price | 4423.490000000 |
| Next Low | 4207.390000000 |
| 2nd Low | 4204.200000000 |
| 3rd Low | 4106.370000000 |
4690.020000000 – 4956.780000000 – 4817.400000000 – 4519.960000000 – 4720.000000000 – 4690.720000000 — 42.037555749732 – 42.368603584994
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple top chart pattern – –