The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 3929.000000000 will continue.
Caution: A possible change in the direction of the support level at 3831.900000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candlestick pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 3956.000000000 |
Next High | 3929.000000000 |
Current Price | 4023.990000000 |
Next Low | 3831.900000000 |
2nd Low | 3677.000000000 |
3rd Low | 3500.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing