There is also a ‘Double bottom chart pattern’ chart formation is found. The formation shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 3832.000000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 3677.650000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. 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 | 3886.440000000 |
| 2nd High | 3834.030000000 |
| Next High | 3832.000000000 |
| Current Price | 3843.920000000 |
| Next Low | 3677.650000000 |
| 2nd Low | 3601.560000000 |
| 3rd Low | 3599.440000000 |
3832.000000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 61.278504364666 – 64.760590012038
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern –