ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 3023.200000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 2940.240000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3083.000000000 |
| Next High | 3023.200000000 |
| Current Price | 2988.700000000 |
| Next Low | 2940.240000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3023.200000000 – 3083.000000000 – 3010.650000000 – 2940.240000000 – 2903.850000000 – 2923.320000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern