ETH/USDT – 30M – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 4381.870000000 is certain.
Caution: A possible change in the direction of support at 4277.060000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Engulfing’ chart pattern is detected. The chart forms ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ going up is 63%.
| 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 – 4281.800000000 — 59.346479863386 – 61.102261128274
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – Symmetrical Triangle Chart Pattern – –