ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 2423.75 will persist.
Caution: A possible change in the direction of the support zone at 2306.72 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2394.610000000 |
| Next Low | 2306.72 |
| 2nd Low | 2300.55 |
| 3rd Low | 2300.22 |
2323.21 – 2423.75 – 2338.75 – 2306.72 – 2300.55 – 2300.22 —
2349.430000000 – 2378.610000000 —
64.287856460465 – 72.380978284389 —
– —
2323.21 – 1777107600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –