ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 2590.570000000 is considered certain.
Caution: A possible change in the direction of the support level at 2512.000000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2680.340000000 |
| 2nd High | 2635.500000000 |
| Next High | 2590.570000000 |
| Current Price | 3004.870000000 |
| Next Low | 2512.000000000 |
| 2nd Low | 2474.240000000 |
| 3rd Low | 2373.000000000 |
2590.570000000 – 2635.500000000 – 2619.280000000 – 2512.000000000 – 2474.240000000 – 2565.310000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –