ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 2081.76 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 2041.650000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2183.5 |
| 2nd High | 2167.85 |
| Next High | 2081.76 |
| Current Price | 2050.550000000 |
| Next Low | 2041.650000000 |
| 2nd Low | 2040.66 |
| 3rd Low | 2017.04 |
2081.76 – 2075.17 – 2077.64 – 2041.650000000 – 2040.66 – 2017.04 —
2049.280000000 – 2055.400000000 —
40.403488630145 – 41.383235119377 —
2041.650000000 – 1775223000 —
2081.76 – 1775219400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –