The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 4246.650000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 4153.170000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4246.650000000 |
| Current Price | 4290.290000000 |
| Next Low | 4153.170000000 |
| 2nd Low | 3647.630000000 |
| 3rd Low | 3574.050000000 |
4246.650000000 – 3716.610000000 – 3698.600000000 – 4153.170000000 – 3647.630000000 – 3574.050000000 — 80.441149832026 – 82.39617862924
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –