ETH/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 3878.670000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 3647.630000000 could occur.
Consider stop-loss settings accordingly.

And also a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 3716.61 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 3878.670000000 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Inside Up’ candlestick pattern is discovered. The candles show ‘Three Inside Up’. which is a bullish 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 Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

3716.610000000 – 3698.600000000 – 3662.000000000 – 3647.630000000 – 3574.050000000 – 3546.000000000 — 67.462403743242 – 68.456616029048

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Up – – –