The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 3684.920000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 3252.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The 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’ 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