ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 4491.460000000 is certain.
Caution: A possible change in the direction of the support zone at 4334.400000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4633.970000000 |
| 2nd High | 4516.750000000 |
| Next High | 4491.460000000 |
| Current Price | 4485.270000000 |
| Next Low | 4334.400000000 |
| 2nd Low | 4332.150000000 |
| 3rd Low | 4257.200000000 |
4491.460000000 – 4415.610000000 – 4379.550000000 – 4334.400000000 – 4332.150000000 – 4257.200000000 — 57.483607653341 – 61.569854478927
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –