The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 4384.060000000 is considered certain.
Caution: A possible change in the direction of the support zone at 4236.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 4490.640000000 |
| 2nd High | 4490.000000000 |
| Next High | 4384.060000000 |
| Current Price | 4412.200000000 |
| Next Low | 4236.000000000 |
| 2nd Low | 4210.610000000 |
| 3rd Low | 4060.000000000 |
4384.060000000 – 4490.000000000 – 4490.640000000 – 4236.000000000 – 4210.610000000 – 4257.200000000 — 51.535883357017 – 61.538571763112
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –