The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 2398.93 is expected.
Caution: A possible change in the direction of the support level at 2309.24 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2398.93 |
| Current Price | 2388.720000000 |
| Next Low | 2309.24 |
| 2nd Low | 2297.59 |
| 3rd Low | 2220.36 |
2398.93 – 2343.6 – 2325.28 – 2309.24 – 2297.59 – 2220.36 —
2386.000000000 – 2383.490000000 —
60.098353336644 – 57.97097424164 —
– —
2398.93 – 1777867200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –