The combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 4672.670000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 4372.540000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4788.000000000 |
| Next High | 4672.670000000 |
| Current Price | 4431.730000000 |
| Next Low | 4372.540000000 |
| 2nd Low | 4368.000000000 |
| 3rd Low | 4256.920000000 |
4672.670000000 – 4788.000000000 – 4366.460000000 – 4372.540000000 – 4368.000000000 – 4451.330000000 — 45.121225269376 – 47.943947549055
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –