The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3442.500000000 is expected.
Caution: A possible change in the direction of the support line at 3014.500000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 3442.5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 3442.500000000 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 candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency 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 | 3442.500000000 |
Current Price | 3331.480000000 |
Next Low | 3014.500000000 |
2nd Low | 2357.590000000 |
3rd Low | 2330.660000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers