The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 2233.72 will continue.
Caution: A possible counter-trend in the direction of the support level at 2153.21 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2350 |
| 2nd High | 2333.62 |
| Next High | 2233.72 |
| Current Price | 2189.420000000 |
| Next Low | 2153.21 |
| 2nd Low | 2086.34 |
| 3rd Low | 2061.6 |
2233.72 – 2333.62 – 2350 – 2153.21 – 2307 – 2086.34 —
2198.500000000 – 2166.980000000 —
42.557273826154 – 35.640977945063 —
– —
2233.72 – 1773889200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –