ETH/USDT – 1H – BUYIn addition a ‘Double top retreat up’ chart pattern is discovered. The formation shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.
The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 4633.970000000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 4467.630000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4663.930000000 |
| Next High | 4633.970000000 |
| Current Price | 4488.400000000 |
| Next Low | 4467.630000000 |
| 2nd Low | 4311.040000000 |
| 3rd Low | 4207.390000000 |
4633.970000000 – 4663.930000000 – 4956.780000000 – 4467.630000000 – 4311.040000000 – 4207.390000000 — 37.027675254323 – 42.794908000624
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –