ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) goes from the descending trendline upwards
An ascending movement up to the next resistance at 4340.150000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 3647.630000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4533.950000000 |
| 2nd High | 4388.650000000 |
| Next High | 4340.150000000 |
| Current Price | 4169.960000000 |
| Next Low | 3647.630000000 |
| 2nd Low | 3574.050000000 |
| 3rd Low | 3546.000000000 |
4340.150000000 – 4388.650000000 – 4533.950000000 – 4193.770000000 – 4225.860000000 – 4427.440000000 — 52.018197942419 – 53.031359576368
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Double top retreat up – –