ETH/USDT – 1H – BUY

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

The bullish trend up to the next resistance at 4416.780000000 is considered certain.

Caution: A possible change in the direction of the support line at 4257.850000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4436.86796 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 4416.780000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

4416.780000000 – 4491.840000000 – 4498.470000000 – 4257.850000000 – 4210.610000000 – 4257.200000000 — 63.92946000386 – 64.975218890538

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern – –