ETH/USDT – 4H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 3673.840000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 2932.460000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3673.840000000 |
| Current Price | 3841.020000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2474.240000000 |
| 3rd Low | 2373.000000000 |
3673.840000000 – 3040.150000000 – 2635.500000000 – 2932.460000000 – 2474.240000000 – 2373.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern