ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 4416.780000000 is certain.
Caution: A possible trend reversal in the direction of support at 4257.850000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Two-Candle Shooting Star’ candlestick pattern is found. The candles form ‘Two-Candle Shooting Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4498.470000000 |
| 2nd High | 4491.840000000 |
| Next High | 4416.780000000 |
| Current Price | 4327.450000000 |
| Next Low | 4257.850000000 |
| 2nd Low | 4210.610000000 |
| 3rd Low | 4207.390000000 |
4416.780000000 – 4491.840000000 – 4490.870000000 – 4257.850000000 – 4271.310000000 – 4210.610000000 — 50.79288726508 – 51.024937535477
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two-Candle Shooting Star – Double bottom chart pattern – –