ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 4563.000000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 4350.010000000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. 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 | 4663.930000000 |
| 2nd High | 4633.970000000 |
| Next High | 4563.000000000 |
| Current Price | 4535.010000000 |
| Next Low | 4350.010000000 |
| 2nd Low | 4300.590000000 |
| 3rd Low | 4277.060000000 |
4563.000000000 – 4481.090000000 – 4453.570000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 57.304188643894 – 63.296139057494
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –