ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 3265.66 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 2958.91 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3648.27 |
| 2nd High | 3588.19 |
| Next High | 3265.66 |
| Current Price | 3241.710000000 |
| Next Low | 2958.91 |
| 2nd Low | 2944.76 |
| 3rd Low | 2910.25 |
3265.66 – 3167.22 – 3028.08 – 2958.91 – 2944.76 – 2910.25 — 52.012537977946 – 56.439412005802 — 14.3399871217 – 26.846962867568 – 17.74288400462 – 16.957910147304
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –