The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 4769.360000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4769.36 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 4769.360000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency 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 | |
| 2nd High | 4956.780000000 |
| Next High | 4769.360000000 |
| Current Price | 4678.170000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4769.360000000 – 4748.400000000 – 4563.000000000 – 4605.000000000 – 4504.110000000 – 4350.010000000 — 53.29512467813 – 54.135361514581
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –