The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 2984 is likely expected.
Caution: A possible trend reversal in the direction of support at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 2987 |
| Next High | 2984 |
| Current Price | 2934.250000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2984 – 2987 – 2885.75 – 2857.32 – 2865.09 – 2788 — 44.718645358785 – 54.120003780322 — 18.04332728454 – 51.376660617873 – 15.019919355166 – 26.845372284509
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double top retreat up – –