ETH/USDT – 30M – BUYAdditionally a ‘Triple bottom chart pattern’ chart formation is discovered. The formation shows ‘Triple bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 4415.610000000 is likely expected.
Caution: A possible change in the direction of support at 4332.150000000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4516.750000000 |
| 2nd High | 4454.400000000 |
| Next High | 4415.610000000 |
| Current Price | 4467.370000000 |
| Next Low | 4332.150000000 |
| 2nd Low | 4257.200000000 |
| 3rd Low | 4207.390000000 |
4415.610000000 – 4379.550000000 – 4454.400000000 – 4332.150000000 – 4257.200000000 – 4265.000000000 — 62.215399729454 – 80.213881543341
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Triple bottom chart pattern – –