ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 2834.860000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 2477.730000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2834.860000000 |
| Current Price | 2534.410000000 |
| Next Low | 2477.730000000 |
| 2nd Low | 2457.000000000 |
| 3rd Low | 2381.490000000 |
2834.860000000 – 2798.760000000 – 2726.780000000 – 2655.610000000 – 2477.730000000 – 2490.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Outside Up