The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 3684.920000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 3252.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. 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 | 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