Buy ETH/USDT – 1H – BUY

The currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline up.

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

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

Next a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern 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’ going 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

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