The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 2423.75 will continue.
Caution: A possible change in the direction of the support zone at 2285.42 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2329.990000000 |
| Next Low | 2285.42 |
| 2nd Low | 2252.72 |
| 3rd Low | 2175 |
2423.75 – 2464.91 – 2415.5 – 2285.42 – 2252.72 – 2285.1 —
2325.000000000 – 2320.420000000 —
46.565894151023 – 47.530966886677 —
– —
2423.75 – 1776859200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –