The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1893.07 is likely expected.
Caution: A possible change in the direction of the support line at 1654.9 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Three Outside Up’ chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2038 |
| 2nd High | 2004.13 |
| Next High | 1893.07 |
| Current Price | 1764.670000000 |
| Next Low | 1654.9 |
| 2nd Low | 1652.09 |
| 3rd Low | 1603.44 |
1733.04 – 1697.28 – 1691.07 – 1654.9 – 1652.09 – 1603.44 —
1726.960000000 – 1726.940000000 —
70.843956710715 – 65.969296019261 —
– —
1733.04 – 1781481600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –