The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 3546.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 4309.050000000 |
| Next Low | 3546.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 2932.460000000 |
3878.670000000 – 3886.440000000 – 3771.000000000 – 3546.000000000 – 3502.850000000 – 2932.460000000 — 74.567902123738 – 77.049848587862
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –