The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 1669.590000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Besides a ‘Inverted Hammer’ candlestick pattern is found. The candles form ‘Inverted Hammer’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ going up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1817.000000000 |
2nd High | 1689.000000000 |
Next High | 1669.590000000 |
Current Price | 1616.990000000 |
Next Low | |
2nd Low | |
3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer