ETH/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance line at 4453.570000000 is expected.

Caution: A possible counter-trend in the direction of support at 4300.590000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

4453.570000000 – 4381.870000000 – 4384.060000000 – 4300.590000000 – 4277.060000000 – 4276.760000000 — 64.636303536426 – 66.012776157912

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