The pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 1794.43 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1654.9 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1893.07 |
| 2nd High | 1852.2 |
| Next High | 1794.43 |
| Current Price | 1761.910000000 |
| Next Low | 1654.9 |
| 2nd Low | 1653.74 |
| 3rd Low | 1652.09 |
1733.04 – 1697.28 – 1686.56 – 1654.9 – 1671.44 – 1662.2 —
1722.880000000 – 1728.290000000 —
63.058567601277 – 63.155041337189 —
– —
1733.04 – 1781481600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –