The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 2320.42 is likely expected.
Caution: A possible change in the direction of the support zone at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. 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 | 2331.85 |
| 2nd High | 2323.21 |
| Next High | 2320.42 |
| Current Price | 2330.900000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2320.42 – 2323.21 – 2331.85 – 2300.55 – 2307.2 – 2301.61 —
2318.160000000 – 2312.650000000 —
51.161334963016 – 42.642960842596 —
– —
2320.42 – 1777156200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –