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 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 3252.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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