The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 1725 is certain.
Caution: A possible change in the direction of support at 1614.32 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochRSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Die Paarung wird wahrscheinlich steigen.
And also a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1796.08 |
| 2nd High | 1779.9 |
| Next High | 1725 |
| Current Price | 1712.330000000 |
| Next Low | 1614.32 |
| 2nd Low | 1602.43 |
| 3rd Low | 1565.26 |
1725 – 1646.26 – 1631 – 1614.32 – 1602.43 – 1565.26 —
1705.890000000 – 1700.550000000 —
65.822694427691 – 58.094657959128 —
– —
1725 – 1783000800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –