The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 1725 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1692.13 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1796.08 |
| 2nd High | 1779.9 |
| Next High | 1725 |
| Current Price | 1748.150000000 |
| Next Low | 1692.13 |
| 2nd Low | 1614.32 |
| 3rd Low | 1602.43 |
1725 – 1646.26 – 1631 – 1692.13 – 1614.32 – 1602.43 —
1729.850000000 – 1736.630000000 —
70.6085997093 – 68.002090931434 —
– —
1725 – 1783000800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –