ETH/USDT – 30M – BUYThe pair breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 3058.770000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 2990.580000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | |
| 2nd High | |
| Next High | 3058.770000000 |
| Current Price | 3149.990000000 |
| Next Low | 2990.580000000 |
| 2nd Low | 2401.300000000 |
| 3rd Low | 2357.590000000 |