ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 1669.590000000 is certain.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Latter Bottom’ candle pattern is existing. The candles show ‘Latter Bottom’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1817.000000000 |
| 2nd High | 1689.000000000 |
| Next High | 1669.590000000 |
| Current Price | 1617.090000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Latter Bottom