ETH/USDT – 4H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 4490.000000000 is expected.
Caution: A possible change in the direction of the support level at 4236.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4498.470000000 |
| 2nd High | 4490.640000000 |
| Next High | 4490.000000000 |
| Current Price | 4547.210000000 |
| Next Low | 4236.000000000 |
| 2nd Low | 4210.610000000 |
| 3rd Low | 4060.000000000 |
4384.060000000 – 4490.000000000 – 4490.640000000 – 4236.000000000 – 4210.610000000 – 4257.200000000 — 66.543207687846 – 69.703104293132
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –