Buy ETH/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 3159.200000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 3029.410000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this 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 chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 3331.000000000
2nd High 3224.940000000
Next High 3159.200000000
Current Price 3348.000000000
Next Low 3029.410000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

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