The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 2343.6 is expected.
Caution: A possible change in the direction of support at 2297.59 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2346.95 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 2343.6 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2404.37 |
| 2nd High | 2346.95 |
| Next High | 2343.6 |
| Current Price | 2385.120000000 |
| Next Low | 2297.59 |
| 2nd Low | 2220.36 |
| 3rd Low | 2175.68 |
2343.6 – 2325.28 – 2275.13 – 2297.59 – 2220.36 – 2258.24 —
2333.600000000 – 2354.020000000 —
66.010913990828 – 63.843716944463 —
– —
2343.6 – 1777755600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –