The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 2039.05 will continue.
Caution: A possible change in the direction of the support level at 1941.66 should be noted.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2107.67 |
| 2nd High | 2103.32 |
| Next High | 2039.05 |
| Current Price | 1968.060000000 |
| Next Low | 1941.66 |
| 2nd Low | 1937.24 |
| 3rd Low | 1928.88 |
2039.05 – 2015.33 – 2008.58 – 1941.66 – 1937.24 – 1928.88 —
1987.890000000 – 1961.220000000 —
44.432898850152 – 42.705187673302 —
– —
2039.05 – 1771401600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –