The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 4557.670000000 will continue.
Caution: A possible counter-trend in the direction of support at 4464.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4692.360000000 |
| 2nd High | 4670.280000000 |
| Next High | 4557.670000000 |
| Current Price | 4563.510000000 |
| Next Low | 4464.000000000 |
| 2nd Low | 4424.000000000 |
| 3rd Low | 4350.010000000 |
4557.670000000 – 4538.250000000 – 4670.280000000 – 4464.000000000 – 4424.000000000 – 4487.530000000 — 57.163023714254 – 62.905014731062
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –