Next a ‘Triple bottom chart pattern’ chart pattern is detected. The chart shows ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.
The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 4415.610000000 is considered certain.
Caution: A possible change in the direction of support at 4332.150000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. which is a positive 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 | 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 – –