The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 3878.670000000 is considered certain.
Caution: A possible change in the direction of the support zone at 3677.650000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3794.410000000 |
| Next Low | 3677.650000000 |
| 2nd Low | 3601.560000000 |
| 3rd Low | 3599.440000000 |
3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 37.015489941537 – 39.714344639057
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – –