ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 1714.5 will persist.
Caution: A possible change in the direction of the support line at 1654.63 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1893.07 |
| 2nd High | 1721.93 |
| Next High | 1714.5 |
| Current Price | 1660.590000000 |
| Next Low | 1654.63 |
| 2nd Low | 1590.8 |
| 3rd Low | 1546.06 |
1714.5 – 1721.93 – 1893.07 – 1654.63 – 1590.8 – 1717.28 —
1675.460000000 – 1655.490000000 —
45.604676002088 – 42.850518046387 —
– —
1714.5 – 1780952400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –