ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards
An ascending movement upwards to the next resistance line at 2346.95 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 2175.68 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2346.95 |
| Current Price | 2257.780000000 |
| Next Low | 2175.68 |
| 2nd Low | 2175 |
| 3rd Low | 2157.31 |
2346.95 – 2404.37 – 2323.21 – 2258.24 – 2266.09 – 2306.72 —
2318.150000000 – 2248.730000000 —
46.353087907778 – 31.867219346071 —
– —
2346.95 – 1777456800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –