The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 2404.37 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 2220.36 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.91 |
| 2nd High | 2423.75 |
| Next High | 2404.37 |
| Current Price | 2410.200000000 |
| Next Low | 2220.36 |
| 2nd Low | 2175 |
| 3rd Low | 2021.5 |
2346.95 – 2404.37 – 2423.75 – 2220.36 – 2285.42 – 2252.72 —
2365.910000000 – 2380.870000000 —
56.613683501025 – 59.891024083495 —
– —
2346.95 – 1777449600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –