The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 2323.21 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 2307.2 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 | 2338.79 |
| 2nd High | 2331.85 |
| Next High | 2323.21 |
| Current Price | 2309.530000000 |
| Next Low | 2307.2 |
| 2nd Low | 2301.61 |
| 3rd Low | 2300.22 |
2323.21 – 2331.85 – 2338.79 – 2307.2 – 2301.61 – 2300.22 —
2317.020000000 – 2318.680000000 —
44.040972405031 – 36.461383729234 —
– —
2323.21 – 1777109400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –