ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 4315.350000000 will continue.
Caution: A possible change in the direction of the support level at 4276.760000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.000000000 |
| 2nd High | 4343.030000000 |
| Next High | 4315.350000000 |
| Current Price | 4275.960000000 |
| Next Low | 4276.760000000 |
| 2nd Low | 4236.000000000 |
| 3rd Low | 4210.610000000 |
4315.350000000 – 4343.030000000 – 4490.000000000 – 4276.760000000 – 4236.000000000 – 4256.030000000 — 35.402211916124 – 36.075892046639
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish SBS White Lines – – –