ETH/USDT – 1H – BUYThe currency pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at is likely expected.
Caution: A possible change in the direction of support at 2990.580000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 3185.890000000 |
| Next Low | 2990.580000000 |
| 2nd Low | 2401.300000000 |
| 3rd Low | 2357.590000000 |