The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 4332.600000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 4160.000000000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 4332.6 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 4332.600000000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4332.600000000 |
| Current Price | 4219.370000000 |
| Next Low | 4160.000000000 |
| 2nd Low | 4153.170000000 |
| 3rd Low | 3647.630000000 |
4332.600000000 – 4246.650000000 – 3716.610000000 – 4160.000000000 – 4153.170000000 – 3647.630000000 — 49.882903546902 – 51.439821436128
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –