ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 4490.640000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 4265.330000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4498.470000000 |
| 2nd High | 4491.840000000 |
| Next High | 4490.640000000 |
| Current Price | 4331.540000000 |
| Next Low | 4265.330000000 |
| 2nd Low | 4257.850000000 |
| 3rd Low | 4210.610000000 |
4490.640000000 – 4416.780000000 – 4491.840000000 – 4265.330000000 – 4257.850000000 – 4210.610000000 — 45.020626898813 – 47.829122835484
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –