The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 1712.06 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1762.99 |
| 2nd High | 1719.51 |
| Next High | 1712.06 |
| Current Price | 1708.170000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1712.06 – 1719.51 – 1762.99 – 1679.11 – 1682.35 – 1671.79 —
1708.280000000 – 1708.210000000 —
55.777968926682 – 49.74474933425 —
– —
1712.06 – 1781883000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –