The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 3045.78 is certain.
Caution: A possible trend reversal in the direction of support at 2689 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2765.35092 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 3045.78 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3236.26 |
| 2nd High | 3069.07 |
| Next High | 3045.78 |
| Current Price | 2742.400000000 |
| Next Low | 2689 |
| 2nd Low | 2623.57 |
| 3rd Low | 2512 |
3045.78 – 3035.08 – 2957.04 – 2689 – 2983.67 – 2899.77 —
2736.920000000 – 2740.990000000 —
33.004328875088 – 32.666157021416 —
– —
3045.78000 – 1769605200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –