ETH/USDT – 1H – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 3886.440000000 will persist.

Caution: A possible reversal of the trend in the direction of support at 3716.040000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 3886.44 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 3886.440000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

3886.440000000 – 3782.830000000 – 3771.000000000 – 3716.040000000 – 3709.390000000 – 3599.440000000 — 56.641839091956 – 57.644888626899

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern –