The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 4563.000000000 will persist.
Caution: A possible trend reversal in the direction of support at 4350.010000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Up’. this 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4663.930000000 |
| 2nd High | 4633.970000000 |
| Next High | 4563.000000000 |
| Current Price | 4526.990000000 |
| Next Low | 4350.010000000 |
| 2nd Low | 4300.590000000 |
| 3rd Low | 4277.060000000 |
4563.000000000 – 4481.090000000 – 4453.570000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 58.500130074741 – 58.627624427486
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Triple bottom chart pattern – –