ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 3650.440000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 3421.790000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 3650.440000000 |
| Current Price | 3637.780000000 |
| Next Low | 3421.790000000 |
| 2nd Low | 3313.880000000 |
| 3rd Low | 3305.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up