The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 4340.150000000 is certain.
Caution: A possible change in the direction of the support level at 4060.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4576.000000000 |
| 2nd High | 4388.650000000 |
| Next High | 4340.150000000 |
| Current Price | 4301.880000000 |
| Next Low | 4060.000000000 |
| 2nd Low | 3546.000000000 |
| 3rd Low | 3502.850000000 |
4340.150000000 – 4388.650000000 – 4576.000000000 – 4060.000000000 – 4225.860000000 – 4372.540000000 — 56.866496965689 – 61.505138400786
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –