The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 3878.670000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 3546.000000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative signal. The currency pair is likely to fall.
In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish 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 | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 4217.330000000 |
| Next Low | 3546.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 2932.460000000 |
3878.670000000 – 3886.440000000 – 3771.000000000 – 3546.000000000 – 3502.850000000 – 2932.460000000 — 78.18473761083 – 79.38930107081
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –