ETH/USDT – 30M – BUYThe pair moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 3442.500000000 is expected.
Caution: A possible change in the direction of the support zone at 3105.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3442.500000000 |
| Current Price | 3285.250000000 |
| Next Low | 3105.000000000 |
| 2nd Low | 3069.000000000 |
| 3rd Low | 2990.580000000 |