ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline upwards
An ascending movement up to the next resistance level at 1935.52 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1847.46 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1995.56 |
| 2nd High | 1983.13 |
| Next High | 1935.52 |
| Current Price | 1858.560000000 |
| Next Low | 1847.46 |
| 2nd Low | 1747.8 |
| 3rd Low | 1606.01 |
1935.52 – 1983.13 – 1995.56 – 1847.46 – 1922.97 – 1907 —
1831.890000000 – 1847.990000000 —
30.251867876862 – 41.994618412861 —
– —
1935.52 – 1771851600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –