Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.

An ascent upwards to the next resistance level at 3451.000000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 3313.880000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High 3547.950000000
2nd High 3514.940000000
Next High 3451.000000000
Current Price 3467.950000000
Next Low 3313.880000000
2nd Low 3305.000000000
3rd Low 3304.630000000

Download ETH/USDT Signal Image

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