Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline up.

An ascending movement up to the next resistance line at 3403.000000000 is expected.

Caution: A possible counter-trend in the direction of the support line at 3293.110000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. 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
2nd High 4107.800000000
Next High 3403.000000000
Current Price 3345.110000000
Next Low 3293.110000000
2nd Low 3252.000000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

Trading Signals:

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