ETH/USDT – 1H – BUYThe currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 1812 is expected.
Caution: A possible trend reversal in the direction of the support zone at 1731.99 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1833.4 |
| 2nd High | 1813.16 |
| Next High | 1812 |
| Current Price | 1821.410000000 |
| Next Low | 1731.99 |
| 2nd Low | 1721.93 |
| 3rd Low | 1713.44 |
1812 – 1762.36 – 1813.16 – 1731.99 – 1721.93 – 1713.44 —
1802.000000000 – 1817.620000000 —
60.945002523054 – 68.282301765085 —
– —
1812 – 1783688400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –