The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 1682 will persist.
Caution: A possible trend reversal in the direction of the support level at 1660.93 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1693.59 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 1682 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1714.5 |
| 2nd High | 1693.59 |
| Next High | 1682 |
| Current Price | 1680.160000000 |
| Next Low | 1660.93 |
| 2nd Low | 1632.71 |
| 3rd Low | 1603.44 |
1682 – 1693.59 – 1673.5 – 1660.93 – 1632.71 – 1603.44 —
1677.860000000 – 1675.890000000 —
49.166562381142 – 54.817617011549 —
– —
1682 – 1781238600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –