The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 4328.370000000 is considered certain.
Caution: A possible change in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
And also a ‘Three Outside Up’ candle pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4388.650000000 |
| 2nd High | 4378.000000000 |
| Next High | 4328.370000000 |
| Current Price | 4311.070000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4328.370000000 – 4378.000000000 – 4242.000000000 – 4204.200000000 – 4106.370000000 – 4060.000000000 — 56.80424796295 – 61.591512536422
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –