ETH/USDT – 4H – BUY

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

A continuation of the uptrend upwards to the next resistance level at is likely expected.

Caution: A possible change in the direction of support at 2932.460000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Up’ candle pattern is existing. The chart forms ‘Three Outside Up’. which is a positive 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

3040.150000000 – 2635.500000000 – 2525.000000000 – 2932.460000000 – 2474.240000000 – 2373.000000000

Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Outside Up – Triple bottom chart pattern