The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards
A bullish ascent upwards to the next resistance level at 2329.93 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 2176.4 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2350 |
| 2nd High | 2333.62 |
| Next High | 2329.93 |
| Current Price | 2203.170000000 |
| Next Low | 2176.4 |
| 2nd Low | 2176.1 |
| 3rd Low | 2157.31 |
2329.93 – 2249.31 – 2257.14 – 2207.06 – 2229 – 2176.4 —
2199.170000000 – 2187.430000000 —
26.981606378389 – 32.116803704676 —
– —
2329.93 – 1775935800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –