Buy ETH/USDT – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance at 3684.920000000 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 3252.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. 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’ going 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

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