Furthermore a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 3665.310000000 will persist.
Caution: A possible counter-trend in the direction of the support line at 3502.850000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3798.650000000 |
| 2nd High | 3764.200000000 |
| Next High | 3665.310000000 |
| Current Price | 3734.440000000 |
| Next Low | 3502.850000000 |
| 2nd Low | 3477.580000000 |
| 3rd Low | 3361.200000000 |
3665.310000000 – 3764.200000000 – 3748.900000000 – 3502.850000000 – 3527.000000000 – 3655.190000000 — 54.979763614951 – 68.519785442347
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Double bottom chart pattern –