ETH/USDT – 4H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 3658.98 is likely expected.
Caution: A possible change in the direction of the support zone at 2623.570000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4253.72 |
| 2nd High | 3918.23 |
| Next High | 3658.98 |
| Current Price | 2824.770000000 |
| Next Low | 2623.570000000 |
| 2nd Low | |
| 3rd Low |
3658.98 – 3918.23 – 4253.72 – 2623.570000000 – 3070 – 3194.2 — 35.830212079455 – 43.134340988668 — 73.195364499712 – 93.511834816183 – 52.581300184181 – 72.27739311855
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –