ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 4663.930000000 will continue.
Caution: A possible trend reversal in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Two-Candle Shooting Star’ candlestick chart pattern is found. The chart shows ‘Two-Candle Shooting Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4690.020000000 |
| Next High | 4663.930000000 |
| Current Price | 4600.640000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4663.930000000 – 4645.930000000 – 4451.720000000 – 4467.630000000 – 4538.690000000 – 4311.040000000 — 61.235283064554 – 62.118320958268
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two-Candle Shooting Star – – –