ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 4817.400000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 4690.720000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4887.590000000 |
| Next High | 4817.400000000 |
| Current Price | 4816.500000000 |
| Next Low | 4690.720000000 |
| 2nd Low | 4659.700000000 |
| 3rd Low | 4207.390000000 |
4817.400000000 – 4768.900000000 – 4887.590000000 – 4690.720000000 – 4659.700000000 – 4207.390000000 — 60.41136100203 – 65.782313993927
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double top retreat up – –