Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) goes from the descending trendline upwards

An ascending movement upwards to the next resistance at 3403.000000000 is likely expected.

Caution: A possible trend reversal in the direction of support at 3293.110000000 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘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 chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 4107.800000000
Next High 3403.000000000
Current Price 3345.110000000
Next Low 3293.110000000
2nd Low 3252.000000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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