Buy ETH/USDT – 1H – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 3497.510000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 3281.400000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3497.510000000
Current Price 3500.780000000
Next Low 3281.400000000
2nd Low 3257.540000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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