The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 2364.68 will continue.
Caution: A possible reversal of the trend in the direction of support at 2285.1 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2415.5 |
| 2nd High | 2385.61 |
| Next High | 2364.68 |
| Current Price | 2334.160000000 |
| Next Low | 2285.1 |
| 2nd Low | 2175.68 |
| 3rd Low | 2175 |
2364.68 – 2385.61 – 2415.5 – 2285.1 – 2308.5 – 2302.9 —
2350.560000000 – 2329.360000000 —
51.240356121602 – 42.064028898628 —
– —
2364.68 – 1776369600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –