ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 2020.740000000 is expected.
Caution: A possible change in the direction of support at 1974.780000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Inverted Hammer’ candle chart pattern is detected. The chart forms ‘Inverted Hammer’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2152.400000000 |
| 2nd High | 2069.900000000 |
| Next High | 2020.740000000 |
| Current Price | 2016.660000000 |
| Next Low | 1974.780000000 |
| 2nd Low | 1937.100000000 |
| 3rd Low | 1872.310000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer