ETH/USDT – 1H – BUY

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

A bullish ascent up to the next resistance level at 3069.07 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 2906.020000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘StochRSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Das Paar wird voraussichtlich nach oben gehen.

Also there is a ‘Shooting Star’ candlestick chart pattern is detected. The chart forms ‘Shooting Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

3069.07 – 3236.26 – 3368.82 – 2906.020000000 – 2866.11 – 2920 —
2968.390000000 – 2959.160000000 —
38.230160450174 – 44.076347343506 —
2906.020000000 – 1769094000 —
3069.07000 – 1769022000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Shooting Star – – –