ETH/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance at 4381.870000000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 4277.060000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4384.06 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 4381.870000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. 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 White Soldiers’ going up is 82%.

4381.870000000 – 4384.060000000 – 4336.020000000 – 4277.060000000 – 4276.760000000 – 4281.800000000 — 73.964618244988 – 74.672352655007

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –