ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) goes from the descending trendline up.

The bullish trend up to the next resistance at 3236.26 is considered certain.

Caution: A possible change in the direction of support at 2910.25 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

3236.26 – 3368.82 – 3330.26 – 3177.68 – 3296.34 – 3253.01 —
3042.920000000 – 2952.420000000 —
15.313129639768 – 14.613639293079 —
– —
3236.26000 – 1768824000

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