ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 4633.970000000 will continue.
Caution: A possible change in the direction of the support line at 4265.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Three Inside Up’ candle pattern is discovered. The candles form ‘Three Inside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4663.930000000 |
| Next High | 4633.970000000 |
| Current Price | 4352.450000000 |
| Next Low | 4265.000000000 |
| 2nd Low | 4207.390000000 |
| 3rd Low | 4204.200000000 |
4633.970000000 – 4663.930000000 – 4956.780000000 – 4265.000000000 – 4430.000000000 – 4467.630000000 — 40.556491876597 – 47.459962654978
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Up – Double top retreat up – –