The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 4490.000000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 4210.610000000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Three Outside Up’ candlestick chart pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. 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 | 4498.470000000 |
| 2nd High | 4490.640000000 |
| Next High | 4490.000000000 |
| Current Price | 4299.430000000 |
| Next Low | 4210.610000000 |
| 2nd Low | 4060.000000000 |
| 3rd Low | 3546.000000000 |
4490.000000000 – 4490.640000000 – 4498.470000000 – 4210.610000000 – 4257.200000000 – 4311.040000000 — 42.985682773875 – 46.068022136195
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Double bottom chart pattern – –