ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 3040.150000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 2923.320000000 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3040.150000000 |
| Current Price | 2975.820000000 |
| Next Low | 2923.320000000 |
| 2nd Low | 2512.000000000 |
| 3rd Low | 2474.240000000 |
3040.150000000 – 2590.570000000 – 2635.500000000 – 2923.320000000 – 2512.000000000 – 2474.240000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers –