ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 4349.810000000 is certain.
Caution: A possible change in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4349.810000000 |
| Current Price | 4223.220000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4349.810000000 – 4332.600000000 – 3694.060000000 – 4166.770000000 – 4153.070000000 – 3546.000000000 — 43.180300692589 – 43.719642277645
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish SBS White Lines – – –