ETH/USDT

Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance line at 3331.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 3029.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bullish Engulfing’ candle pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 3442.500000000
Next High 3331.000000000
Current Price 3372.010000000
Next Low 3029.410000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

Trading Signals:

Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.

A bearish trend down to the next support line at 3032.590000000 will persist.

Caution: A possible change in the direction of resistance at 3386.730000000 should be noted.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High 3442.500000000
Next High 3386.730000000
Current Price 3383.850000000
Next Low 3032.590000000
2nd Low 3029.410000000
3rd Low 3014.500000000

Download ETH/USDT Signal Image

Trading Signals:

Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 3442.500000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 3029.410000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3442.500000000
Current Price 3390.010000000
Next Low 3029.410000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

Trading Signals:

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