ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 2163.66 is considered certain.
Caution: A possible change in the direction of the support level at 2017.59 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.82 |
| 2nd High | 2199 |
| Next High | 2163.66 |
| Current Price | 2100.050000000 |
| Next Low | 2017.59 |
| 2nd Low | 2007.17 |
| 3rd Low | 1989.12 |
2095 – 2085.58 – 2088.19 – 2017.59 – 2007.17 – 2008.65 —
2093.450000000 – 2113.000000000 —
57.391029548889 – 56.043113256301 —
– —
2095 – 1773324000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –