ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 3824.560000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 3681.600000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3824.560000000 |
| Current Price | 3810.850000000 |
| Next Low | 3681.600000000 |
| 2nd Low | 3526.440000000 |
| 3rd Low | 3477.580000000 |
3824.560000000 – 3608.300000000 – 3673.840000000 – 3681.600000000 – 3526.440000000 – 3477.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern