ETH/USDT – 1H – BUYIn addition a ‘Triple bottom chart pattern’ chart layout is found. The chart forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 3083.000000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 2932.460000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency 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 | |
| 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