The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance line at 2160.78 will persist.
Caution: A possible trend reversal in the direction of the support level at 2099.38 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2333.62 |
| 2nd High | 2233.72 |
| Next High | 2160.78 |
| Current Price | 2150.540000000 |
| Next Low | 2099.38 |
| 2nd Low | 2086.34 |
| 3rd Low | 2061.6 |
2160.78 – 2156.92 – 2233.72 – 2099.38 – 2143.14 – 2153.21 —
2152.890000000 – 2140.420000000 —
54.378412303533 – 43.646124092856 —
– —
2160.78 – 1773970200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –