The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 1812 is certain.
Caution: A possible counter-trend in the direction of the support line at 1731.99 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. 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 chance 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 – – –