Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 3956.000000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 3500.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The currency 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 3956.000000000
Current Price 3907.010000000
Next Low 3500.000000000
2nd Low 3252.000000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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