ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline upwards
A bullish movement up to the next resistance level at 3301.6 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 3020.79 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. 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 | 3565.84 |
| 2nd High | 3308.86 |
| Next High | 3301.6 |
| Current Price | 3133.800000000 |
| Next Low | 3020.79 |
| 2nd Low | 2977.74 |
| 3rd Low | 2958.91 |
3301.6 – 3308.86 – 3253.76 – 3125.42 – 3183.27 – 3203.34 — 40.231618449035 – 42.764868887326 — 27.645597338611 – 48.128693384805 – 14.426266423873 – 29.124784161868
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple top chart pattern – –