The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline up.
A bullish movement upwards to the next resistance line at 4340.150000000 is expected.
Caution: A possible change in the direction of the support level at 3546.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4576.000000000 |
| 2nd High | 4388.650000000 |
| Next High | 4340.150000000 |
| Current Price | 4140.920000000 |
| Next Low | 3546.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
4340.150000000 – 4388.650000000 – 4576.000000000 – 4225.860000000 – 4372.540000000 – 4368.000000000 — 40.15838178819 – 40.730547216843
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –