The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 3150 is considered certain.
Caution: A possible trend reversal in the direction of support at 2907.52 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
And also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3225 |
| 2nd High | 3193.33 |
| Next High | 3150 |
| Current Price | 3130.630000000 |
| Next Low | 2907.52 |
| 2nd Low | 2782.19 |
| 3rd Low | 2716.04 |
3150 – 3058.01 – 3069 – 2907.52 – 3013.25 – 3066.37 — 59.636986669924 – 59.954741270465 — 78.357687028818 – 76.201865860159 – 77.460829372782 – 78.116643440367
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –