The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 3437.590000000 is certain.
Caution: A possible change in the direction of support at 3305.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 3426.29 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 3437.590000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3547.950000000 |
2nd High | 3514.940000000 |
Next High | 3437.590000000 |
Current Price | 3389.230000000 |
Next Low | 3305.000000000 |
2nd Low | 3304.630000000 |
3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers