The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 4576.000000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 4060.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. 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 White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4788.000000000 |
| Next High | 4576.000000000 |
| Current Price | 4302.840000000 |
| Next Low | 4060.000000000 |
| 2nd Low | 3546.000000000 |
| 3rd Low | 3502.850000000 |
4576.000000000 – 4788.000000000 – 3878.670000000 – 4060.000000000 – 4368.000000000 – 3546.000000000 — 49.399175520882 – 51.469392416038
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –