The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 1822.040000000 will continue.
Caution: A possible change in the direction of the support zone at 1758.720000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1815.45952 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1822.040000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1835.680000000 |
2nd High | 1828.900000000 |
Next High | 1822.040000000 |
Current Price | 1801.150000000 |
Next Low | 1758.720000000 |
2nd Low | 1750.000000000 |
3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers