The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 1987.55 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 1897.24 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2103.32 |
| 2nd High | 2039.05 |
| Next High | 1987.55 |
| Current Price | 1950.290000000 |
| Next Low | 1897.24 |
| 2nd Low | 1747.8 |
| 3rd Low | 1606.01 |
1987.55 – 2039.05 – 2015.33 – 1923.78 – 1941.66 – 1937.24 —
1964.560000000 – 1944.670000000 —
39.073312420856 – 43.982313673556 —
– —
1987.55 – 1771484400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –