Buy ETH/USDT – 4H – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 3684.920000000 is certain.

Caution: A possible trend reversal in the direction of the support zone at 3252.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3684.920000000
Current Price 3691.870000000
Next Low 3252.000000000
2nd Low 3029.410000000
3rd Low 3014.500000000

Download ETH/USDT Signal Image

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