ETH/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 1935.52 will continue.

Caution: A possible trend reversal in the direction of support at 1800 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1949.40784 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1935.52 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1935.52 – 1983.13 – 1995.56 – 1800 – 1847.46 – 1922.97 —
1865.380000000 – 1856.680000000 —
52.298502724371 – 49.690783740787 —
– —
1935.52 – 1771851600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –