The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 3180.51 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3225 |
| 2nd High | 3193.33 |
| Next High | 3180.51 |
| Current Price | 3123.900000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3180.51 – 3150 – 3058.01 – 3075.38 – 2907.52 – 3013.25 — 49.784457783089 – 52.581359653973 — 25.585461633273 – 38.048556768997 – 30.205138494759 – 33.318045881465
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –