The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance at 2828.65 is expected.
Caution: A possible trend reversal in the direction of the support zone at 2689 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 3038.45 |
| Next High | 2828.65 |
| Current Price | 2740.160000000 |
| Next Low | 2689 |
| 2nd Low | 2623.57 |
| 3rd Low | 2512 |
2828.65 – 3038.45 – 3045.78 – 2689 – 2754.53 – 2937.55 —
2748.340000000 – 2725.070000000 —
29.241476581496 – 30.54699560424 —
– —
2828.65000 – 1769731200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –