Buy ETH/USDT – 1H – BUY

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

A bullish trend up to the next resistance level at 4024.010000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 3968.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 4087.730000000
Next High 4024.010000000
Current Price 3997.170000000
Next Low 3968.000000000
2nd Low 3831.900000000
3rd Low 3677.000000000

Download ETH/USDT Signal Image

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