ETH/USDT – 1H – BUYMoreover a ‘Double top retreat up’ chart pattern is existing. The formation shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to go up.
The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 4557.670000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 4424.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4692.360000000 |
| 2nd High | 4670.280000000 |
| Next High | 4557.670000000 |
| Current Price | 4478.520000000 |
| Next Low | 4424.000000000 |
| 2nd Low | 4350.010000000 |
| 3rd Low | 4300.590000000 |
4557.670000000 – 4538.250000000 – 4670.280000000 – 4464.000000000 – 4424.000000000 – 4466.000000000 — 40.231721393079 – 46.061198193517
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –