ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 2423.75 is certain.
Caution: A possible trend reversal in the direction of the support line at 2300.22 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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 | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2319.920000000 |
| Next Low | 2300.22 |
| 2nd Low | 2285.42 |
| 3rd Low | 2284.19 |
2423.75 – 2338.75 – 2346.78 – 2300.22 – 2285.42 – 2284.19 —
2315.790000000 – 2324.230000000 —
41.234890895245 – 46.363935065373 —
– —
2423.75 – 1776866400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –