ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 2834.860000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 2477.730000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2834.860000000 |
| Current Price | 2535.190000000 |
| Next Low | 2477.730000000 |
| 2nd Low | 2457.000000000 |
| 3rd Low | 2381.490000000 |
2834.860000000 – 2726.780000000 – 2548.630000000 – 2477.730000000 – 2490.580000000 – 2457.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers