Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 3442.500000000 is considered certain.

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

Next a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3442.500000000
Current Price 3390.010000000
Next Low 3029.410000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

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