ETH/USDT – 1H – BUY

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

An ascent up to the next resistance at 2343.82 will persist.

Caution: A possible counter-trend in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.

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

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2396.79 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2343.82 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

2343.82 – 2396.62 – 3045.78 – 1747.8 – 2076.68 – 2110 —
1907.010000000 – 1997.680000000 —
38.548263839126 – 53.695612859278 —
– —
2343.82 – 1770148800

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