ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 4491.460000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 4334.400000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Advance Block’ candlestick chart pattern is found. The candles show ‘Advance Block’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4633.970000000 |
| 2nd High | 4516.750000000 |
| Next High | 4491.460000000 |
| Current Price | 4479.170000000 |
| Next Low | 4334.400000000 |
| 2nd Low | 4332.150000000 |
| 3rd Low | 4257.200000000 |
4491.460000000 – 4415.610000000 – 4379.550000000 – 4334.400000000 – 4332.150000000 – 4257.200000000 — 63.810909054729 – 64.444542846061
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Advance Block – Inverse Head and Shoulder chart pattern – –