Buy ETH/USDT – 4H – BUY

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

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