ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 2295.000000000 is certain.
Caution: A possible change in the direction of the support level at 2252.42 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles show ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2346.95 |
| Next High | 2295.000000000 |
| Current Price | 2279.480000000 |
| Next Low | 2252.42 |
| 2nd Low | 2245.82 |
| 3rd Low | 2231.64 |
2295.000000000 – 2275.13 – 2279 – 2252.42 – 2245.82 – 2231.64 —
2295.000000000 – 2285.720000000 —
68.8353418028 – 57.248327400589 —
2295.000000000 – 1777604400 —
– 1777604400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –