The pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 3684.920000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 3252.000000000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 3684.920000000 |
Current Price | 3699.680000000 |
Next Low | 3252.000000000 |
2nd Low | 3029.410000000 |
3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers