The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 4332.600000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 4160.000000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The 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 | 4233.600000000 |
| Next Low | 4160.000000000 |
| 2nd Low | 4153.170000000 |
| 3rd Low | 3647.630000000 |
4332.600000000 – 4246.650000000 – 3716.610000000 – 4160.000000000 – 4153.170000000 – 3647.630000000 — 53.609089080921 – 55.008089763056
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –