ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards
The bullish trend upwards to the next resistance line at 4340.150000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 4153.070000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading 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 | 4136.800000000 |
| Next Low | 4153.070000000 |
| 2nd Low | 3647.630000000 |
| 3rd Low | 3574.050000000 |
4340.150000000 – 4388.650000000 – 4533.950000000 – 4193.770000000 – 4225.860000000 – 4427.440000000 — 39.083763147736 – 45.678673664303
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –