ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 3040.150000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 2923.320000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3040.150000000 |
| Current Price | 2962.850000000 |
| Next Low | 2923.320000000 |
| 2nd Low | 2512.000000000 |
| 3rd Low | 2474.240000000 |
3040.150000000 – 2590.570000000 – 2635.500000000 – 2923.320000000 – 2512.000000000 – 2474.240000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –