Buy ETH/USDT – 4H – BUY

The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 4498.470000000 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 4210.610000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. 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 4956.780000000
2nd High 4663.930000000
Next High 4498.470000000
Current Price 4464.800000000
Next Low 4210.610000000
2nd Low 4060.000000000
3rd Low 3546.000000000

4498.470000000 – 4663.930000000 – 4956.780000000 – 4210.610000000 – 4257.200000000 – 4311.040000000 — 48.524804417661 – 56.79762528209

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