The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 2548.630000000 is certain.
Caution: A possible change in the direction of support at 2477.730000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which 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 ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2679.880000000 |
2nd High | 2640.860000000 |
Next High | 2548.630000000 |
Current Price | 2539.430000000 |
Next Low | 2477.730000000 |
2nd Low | 2457.000000000 |
3rd Low | 2381.490000000 |
2548.630000000 – 2521.130000000 – 2544.360000000 – 2477.730000000 – 2490.580000000 – 2508.080000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers