The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 4024.010000000 is certain.
Caution: A possible change in the direction of the support level at 3831.900000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 4087.730000000 |
Next High | 4024.010000000 |
Current Price | 3994.560000000 |
Next Low | 3831.900000000 |
2nd Low | 3677.000000000 |
3rd Low | 3500.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers