The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 1697.28 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1652.09 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1721.93 |
| 2nd High | 1714.5 |
| Next High | 1697.28 |
| Current Price | 1722.620000000 |
| Next Low | 1652.09 |
| 2nd Low | 1603.44 |
| 3rd Low | 1590.8 |
1697.28 – 1691.07 – 1693.59 – 1652.09 – 1603.44 – 1606.01 —
1669.150000000 – 1673.720000000 —
37.557859801453 – 49.701388334881 —
– —
1697.28 – 1781384400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –