ETH/USDT – 4H – BUYAdditionally a ‘Double bottom chart pattern’ chart layout is detected. The formation shows ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.
The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 2679.880000000 is expected.
Caution: A possible change in the direction of the support line at 2381.490000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2788.000000000 |
| Next High | 2679.880000000 |
| Current Price | 2686.120000000 |
| Next Low | 2381.490000000 |
| 2nd Low | 2348.380000000 |
| 3rd Low | 1752.000000000 |
2679.880000000 – 2788.000000000 – 2730.850000000 – 2381.490000000 – 2468.560000000 – 2463.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers