The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 4379.550000000 is certain.
Caution: A possible change in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4516.750000000 |
| 2nd High | 4454.400000000 |
| Next High | 4379.550000000 |
| Current Price | 4379.870000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4379.550000000 – 4454.400000000 – 4516.750000000 – 4265.000000000 – 4430.000000000 – 4467.630000000 — 55.680258014504 – 56.439775071146
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –