ETH/USDT – 4H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at will continue.
Caution: A possible counter-trend in the direction of the support level at 3546.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 4291.690000000 |
| Next Low | 3546.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 2932.460000000 |
3878.670000000 – 3886.440000000 – 3771.000000000 – 3546.000000000 – 3502.850000000 – 2932.460000000 — 60.414011997224 – 64.021123796967
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –