ETH/USDT – 1H – BUY

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

An ascending movement up to the next resistance line at 2957.04 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 2875.77 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

2957.04 – 2968.49 – 3019.26 – 2875.77 – 2892.4 – 2906.02 —
2937.520000000 – 2943.630000000 —
48.111030088385 – 46.64405705196 —
– —
2957.04000 – 1769486400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –