ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at will persist.
Caution: A possible change in the direction of support at 2932.460000000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 3384.230000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3152.530000000 – 3097.320000000 – 2995.890000000 – 2932.460000000 – 2940.240000000 – 2903.850000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Outside Up – Double bottom retreat down