ETH/USDT – 1H – BUYMoreover a ‘Triple bottom chart pattern’ chart pattern is discovered. The chart shows ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.
The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 3083.000000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 2932.460000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. 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 | |
| 2nd High | |
| Next High | 3083.000000000 |
| Current Price | 3142.550000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3083.000000000 – 3020.310000000 – 2979.780000000 – 2932.460000000 – 2940.240000000 – 2903.850000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern