ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 4349.810000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 4166.770000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Bullish Engulfing’ chart pattern is detected. The candles show ‘Bullish Engulfing’. this is a bullish 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 ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4349.810000000 |
| Current Price | 4295.200000000 |
| Next Low | 4166.770000000 |
| 2nd Low | 4153.070000000 |
| 3rd Low | 3647.630000000 |
4349.810000000 – 4332.600000000 – 4246.650000000 – 4166.770000000 – 4186.160000000 – 4153.070000000 — 53.91194730983 – 54.526929020859
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –