The pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 1669.590000000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1546.060000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1817.000000000 |
2nd High | 1689.000000000 |
Next High | 1669.590000000 |
Current Price | 1615.100000000 |
Next Low | 1546.060000000 |
2nd Low | 1541.480000000 |
3rd Low | 1504.630000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up