The pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline upwards
A bullish ascent up to the next resistance level at 2346.95 is likely expected.
Caution: A possible change in the direction of the support level at 2220.36 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2346.95 |
| Current Price | 2260.310000000 |
| Next Low | 2220.36 |
| 2nd Low | 2175.68 |
| 3rd Low | 2175 |
2346.95 – 2404.37 – 2323.21 – 2220.36 – 2258.24 – 2266.09 —
2259.010000000 – 2248.310000000 —
39.784872835374 – 39.42528940442 —
– —
2346.95 – 1777456800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –