ETH/USDT – 4H – BUYThe pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 3658.98 is certain.
Caution: A possible trend reversal in the direction of the support zone at 3057 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4253.72 |
| 2nd High | 3918.23 |
| Next High | 3658.98 |
| Current Price | 3146.020000000 |
| Next Low | 3057 |
| 2nd Low | 2932.46 |
| 3rd Low | 2474.24 |
3658.98 – 3918.23 – 4253.72 – 3070 – 3194.2 – 3057 — 45.640580961804 – 49.28395602037 — 56.159254663793 – 79.633862295653 – 41.289536123991 – 57.728727225233
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –