ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 1779.9 is considered certain.
Caution: A possible change in the direction of the support level at 1692.13 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1810.21 |
| 2nd High | 1796.08 |
| Next High | 1779.9 |
| Current Price | 1726.280000000 |
| Next Low | 1692.13 |
| 2nd Low | 1614.32 |
| 3rd Low | 1602.43 |
1725 – 1646.26 – 1631 – 1692.13 – 1614.32 – 1602.43 —
1711.360000000 – 1735.130000000 —
60.436071342974 – 66.344645842778 —
– —
1725 – 1783000800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –