The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 3320.180000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3224.490000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3322.49 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 3320.180000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3337.000000000 |
2nd High | 3322.490000000 |
Next High | 3320.180000000 |
Current Price | 3308.560000000 |
Next Low | 3224.490000000 |
2nd Low | 3217.560000000 |
3rd Low | 3193.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers