ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 4415.610000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 4332.150000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4516.750000000 |
| 2nd High | 4454.400000000 |
| Next High | 4415.610000000 |
| Current Price | 4358.690000000 |
| Next Low | 4332.150000000 |
| 2nd Low | 4257.200000000 |
| 3rd Low | 4207.390000000 |
4415.610000000 – 4379.550000000 – 4454.400000000 – 4332.150000000 – 4257.200000000 – 4265.000000000 — 46.821527427442 – 50.10485273113
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double top chart pattern – –