ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 4690.020000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 4538.690000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ candle pattern is detected. The candles show ‘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 likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4956.780000000 |
| Next High | 4690.020000000 |
| Current Price | 4633.230000000 |
| Next Low | 4538.690000000 |
| 2nd Low | 4311.040000000 |
| 3rd Low | 4207.390000000 |
4645.930000000 – 4451.720000000 – 4690.020000000 – 4538.690000000 – 4311.040000000 – 4519.960000000 — 56.121528113632 – 56.424503598802
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –