ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 4508.710000000 is likely expected.
Caution: A possible change in the direction of support at 4456.430000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4620.720000000 |
| 2nd High | 4544.440000000 |
| Next High | 4508.710000000 |
| Current Price | 4493.740000000 |
| Next Low | 4456.430000000 |
| 2nd Low | 4435.700000000 |
| 3rd Low | 4412.000000000 |
4508.710000000 – 4484.810000000 – 4544.440000000 – 4456.430000000 – 4435.700000000 – 4558.150000000 — 56.398767602623 – 56.532750274857
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –