The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 3764.200000000 is likely expected.
Caution: A possible change in the direction of the support level at 3502.850000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Also there is 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3764.200000000 |
| Current Price | 3733.880000000 |
| Next Low | 3502.850000000 |
| 2nd Low | 3477.580000000 |
| 3rd Low | 3361.200000000 |
3665.310000000 – 3764.200000000 – 3748.900000000 – 3502.850000000 – 3527.000000000 – 3655.190000000 — 62.517489887126 – 63.847308389558
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – –