The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 2351.8 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 2285.1 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2415.5 |
| 2nd High | 2385.61 |
| Next High | 2351.8 |
| Current Price | 2359.700000000 |
| Next Low | 2285.1 |
| 2nd Low | 2175.68 |
| 3rd Low | 2175 |
2351.8 – 2385.61 – 2342.76 – 2285.1 – 2345.04 – 2308.5 —
2330.450000000 – 2346.660000000 —
41.914015380373 – 54.285926387481 —
– —
2351.8 – 1776344400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –