The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 2970.41 is expected.
Caution: A possible counter-trend in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3069.07 |
| 2nd High | 3019.26 |
| Next High | 2970.41 |
| Current Price | 2964.030000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2970.41 – 3019.26 – 2984.71 – 2953.99 – 2892.4 – 2906.02 —
2962.200000000 – 2958.550000000 —
52.259056930512 – 46.423477582099 —
– —
2970.41000 – 1769223600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –