ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 3322.490000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 3193.970000000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3744.830000000 |
| 2nd High | 3386.360000000 |
| Next High | 3322.490000000 |
| Current Price | 3273.810000000 |
| Next Low | 3193.970000000 |
| 2nd Low | 3158.000000000 |
| 3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers