The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 3337.000000000 is certain.
Caution: A possible change in the direction of support at 3032.590000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Two-Candle Shooting Star’ candlestick chart pattern is existing. The candles show ‘Two-Candle Shooting Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3386.360000000 |
2nd High | 3346.000000000 |
Next High | 3337.000000000 |
Current Price | 3219.600000000 |
Next Low | 3032.590000000 |
2nd Low | 3029.410000000 |
3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two-Candle Shooting Star