The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 2423.75 is certain.
Caution: A possible change in the direction of the support level at 2284.19 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2334.240000000 |
| Next Low | 2284.19 |
| 2nd Low | 2252.72 |
| 3rd Low | 2175.68 |
2423.75 – 2338.75 – 2346.78 – 2284.19 – 2252.72 – 2300 —
2352.610000000 – 2335.230000000 —
40.434789120474 – 38.558239905142 —
– —
2423.75 – 1776866400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –