Also there is a ‘Double bottom chart pattern’ chart layout is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 3793.000000000 is expected.
Caution: A possible change in the direction of the support level at 3731.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3793.000000000 |
| Current Price | 3799.640000000 |
| Next Low | 3731.000000000 |
| 2nd Low | 3709.390000000 |
| 3rd Low | 3601.560000000 |
3793.000000000 – 3782.830000000 – 3767.130000000 – 3731.000000000 – 3709.390000000 – 3601.560000000 — 66.745802991266 – 69.335788979662
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern –