ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 2123.44 is expected.
Caution: A possible trend reversal in the direction of the support level at 2061.6 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Above the Stomach’ candle chart pattern is found. The candles form ‘Above the Stomach’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.82 |
| 2nd High | 2209.03 |
| Next High | 2123.44 |
| Current Price | 2113.490000000 |
| Next Low | 2061.6 |
| 2nd Low | 2017.59 |
| 3rd Low | 2007.17 |
2123.44 – 2209.03 – 2148.8 – 2061.6 – 2017.59 – 2007.17 —
2118.110000000 – 2117.860000000 —
64.000303359587 – 57.347482496864 —
– —
2123.44 – 1773565200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Above the Stomach – – –