Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 3514.940000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 3313.880000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. 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 4107.800000000
2nd High 3547.950000000
Next High 3514.940000000
Current Price 3471.180000000
Next Low 3313.880000000
2nd Low 3305.000000000
3rd Low 3304.630000000

Download ETH/USDT Signal Image

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