The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 4381.870000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 4277.060000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.000000000 |
| 2nd High | 4384.060000000 |
| Next High | 4381.870000000 |
| Current Price | 4332.410000000 |
| Next Low | 4277.060000000 |
| 2nd Low | 4276.760000000 |
| 3rd Low | 4270.810000000 |
4381.870000000 – 4384.060000000 – 4336.020000000 – 4277.060000000 – 4276.760000000 – 4270.810000000 — 56.229313541452 – 57.03842544953
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –