The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 3698.040000000 is certain.
Caution: A possible reversal of the trend in the direction of support at 3610.630000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 4107.800000000 |
2nd High | 4031.380000000 |
Next High | 3698.040000000 |
Current Price | 3685.470000000 |
Next Low | 3610.630000000 |
2nd Low | 3593.700000000 |
3rd Low | 3421.790000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold