ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 4692.360000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 4576.890000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Engulfing’ candle chart pattern is found. The chart forms ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4769.360000000 |
| Next High | 4692.360000000 |
| Current Price | 4614.800000000 |
| Next Low | 4576.890000000 |
| 2nd Low | 4504.110000000 |
| 3rd Low | 4350.010000000 |
4692.360000000 – 4769.360000000 – 4748.400000000 – 4576.890000000 – 4634.000000000 – 4605.000000000 — 42.962328098728 – 47.479747305202
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –