The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 4663.930000000 is considered certain.
Caution: A possible counter-trend in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4956.780000000 |
| Next High | 4663.930000000 |
| Current Price | 4604.340000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4663.930000000 – 4956.780000000 – 4817.400000000 – 4311.040000000 – 4207.390000000 – 4204.200000000 — 55.719718681503 – 56.962991619118
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom retreat down – –