The combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline upwards
A bullish trend up to the next resistance line at 3236.26 will continue.
Caution: A possible counter-trend in the direction of the support level at 2977.74 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3384.19 |
| 2nd High | 3368.82 |
| Next High | 3236.26 |
| Current Price | 3003.350000000 |
| Next Low | 2977.74 |
| 2nd Low | 2958.91 |
| 3rd Low | 2944.76 |
3236.26 – 3368.82 – 3319.5 – 3085.17 – 3165.38 – 3202.85 —
3038.680000000 – 3003.310000000 —
18.491269358578 – 13.614691195286 —
– —
3236.26000 – 1768825800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –