The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 3148.41 is considered certain.
Caution: A possible change in the direction of support at 3067.44 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Latter Bottom’ candle chart pattern is detected. The chart shows ‘Latter Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3308.86 |
| 2nd High | 3301.6 |
| Next High | 3148.41 |
| Current Price | 3130.000000000 |
| Next Low | 3067.44 |
| 2nd Low | 3054.65 |
| 3rd Low | 3020.79 |
3148.41 – 3140 – 3301.6 – 3067.44 – 3054.65 – 3125.42 — 38.592586920863 – 59.801539174293 — 64.012925858404 – 71.174920238591 – 63.529748532679 – 69.771365659269
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Latter Bottom – – –