The currency pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline upwards
A bullish ascent up to the next resistance at 3878.670000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 3565.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3646.860000000 |
| Next Low | 3565.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3878.670000000 – 3832.000000000 – 3834.030000000 – 3565.000000000 – 3677.650000000 – 3744.160000000 — 46.913584143405 – 49.259018091807
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –