The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 4636.510000000 will continue.
Caution: A possible trend reversal in the direction of support at 4576.890000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4769.360000000 |
| 2nd High | 4692.360000000 |
| Next High | 4636.510000000 |
| Current Price | 4630.430000000 |
| Next Low | 4576.890000000 |
| 2nd Low | 4504.110000000 |
| 3rd Low | 4350.010000000 |
4636.510000000 – 4692.360000000 – 4769.360000000 – 4576.890000000 – 4634.000000000 – 4605.000000000 — 50.841003132714 – 55.068537872347
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –