ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 3878.670000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 3601.560000000 could happen.
Consider stop-loss settings accordingly.
Also there is 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 is likely to rise.
Also there is a ‘Rising Window’ candle pattern is discovered. The candles show ‘Rising Window’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3664.400000000 |
| Next Low | 3601.560000000 |
| 2nd Low | 3599.440000000 |
| 3rd Low | 3502.850000000 |
3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 41.771686378884 – 51.349611794492
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Rising Window – Double top retreat up – –