ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 2768.78 is likely expected.
Caution: A possible change in the direction of the support level at 2636.010000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3038.45 |
| 2nd High | 2828.65 |
| Next High | 2768.78 |
| Current Price | 2709.920000000 |
| Next Low | 2636.010000000 |
| 2nd Low | |
| 3rd Low |
2768.78 – 2828.65 – 3038.45 – 2636.010000000 – 2689 – 2754.53 —
2721.730000000 – 2710.600000000 —
31.116828040188 – 44.882444211113 —
2636.010000000 – 1769796000 —
2768.78000 – 1769772600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –