The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 2423.74 will continue.
Caution: A possible counter-trend in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.91 |
| 2nd High | 2423.75 |
| Next High | 2423.74 |
| Current Price | 2330.220000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2423.74 – 2346.95 – 2404.37 – 2220.36 – 2285.42 – 2252.72 —
2302.570000000 – 2320.530000000 —
38.86339988842 – 47.133849747374 —
– —
2423.74 – 1778054400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –