ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 1842.990000000 is expected.
Caution: A possible change in the direction of the support level at 1744.710000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1957.000000000 |
| 2nd High | 1857.470000000 |
| Next High | 1842.990000000 |
| Current Price | 1800.490000000 |
| Next Low | 1744.710000000 |
| 2nd Low | 1606.010000000 |
| 3rd Low | 1562.010000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up