ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance line at 4633.970000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 4265.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4663.930000000 |
| Next High | 4633.970000000 |
| Current Price | 4397.040000000 |
| Next Low | 4265.000000000 |
| 2nd Low | 4207.390000000 |
| 3rd Low | 4204.200000000 |
4633.970000000 – 4663.930000000 – 4956.780000000 – 4265.000000000 – 4430.000000000 – 4467.630000000 — 50.999930554804 – 53.253259999258
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –