ETH/USDT – 30M – BUYThen a ‘Double bottom chart pattern’ chart pattern is found. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 3044.44 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 2994.36 could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 3071.37 |
| Next High | 3044.44 |
| Current Price | 3065.240000000 |
| Next Low | 2994.36 |
| 2nd Low | 2985.78 |
| 3rd Low | 2888.69 |
3044.44 – 3071.37 – 3045 – 2994.36 – 2985.78 – 3004.61 — 51.166120066632 – 67.217248211061 — 66.439397737337 – 70.226099162781 – 62.062799752678 – 64.390635183236
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –