The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 4381.870000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 4277.060000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4384.06 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 4381.870000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.000000000 |
| 2nd High | 4384.060000000 |
| Next High | 4381.870000000 |
| Current Price | 4373.700000000 |
| Next Low | 4277.060000000 |
| 2nd Low | 4276.760000000 |
| 3rd Low | 4270.810000000 |
4381.870000000 – 4384.060000000 – 4336.020000000 – 4277.060000000 – 4276.760000000 – 4270.810000000 — 67.25303743794 – 67.858231564411
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –