The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 3480.190000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 3361.200000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next 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 go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3480.190000000 |
| Current Price | 3431.110000000 |
| Next Low | 3361.200000000 |
| 2nd Low | 3310.770000000 |
| 3rd Low | 2932.460000000 |
3480.190000000 – 3425.000000000 – 3152.530000000 – 3361.200000000 – 3310.770000000 – 2932.460000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –