ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 2331.85 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2307.2 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.58 |
| 2nd High | 2338.79 |
| Next High | 2331.85 |
| Current Price | 2316.470000000 |
| Next Low | 2307.2 |
| 2nd Low | 2301.61 |
| 3rd Low | 2300.22 |
2331.85 – 2338.79 – 2343.58 – 2307.2 – 2301.61 – 2300.22 —
2320.920000000 – 2317.020000000 —
55.065942135964 – 44.04097398755 —
– —
2331.85 – 1777032000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –