The pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 1808 will continue.
Caution: A possible trend reversal in the direction of the support level at 1748.79 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1776.045 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1808 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1839.77 |
| 2nd High | 1810.21 |
| Next High | 1808 |
| Current Price | 1788.570000000 |
| Next Low | 1748.79 |
| 2nd Low | 1744.09 |
| 3rd Low | 1727.87 |
1808 – 1773.27 – 1807.65 – 1769.29 – 1748.79 – 1757 —
1773.500000000 – 1756.150000000 —
46.361102424828 – 41.703936921349 —
– —
1808 – 1783290600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –