ETH/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 2423.74 is certain.

Caution: A possible change in the direction of the support level at 2220.36 could occur.
Consider stop-loss settings accordingly.

Moreover a ” indicator layout is found. The indicator shows ”. this is usually a bullish signal. The currency pair could go up.

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Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2297.090000000 – 2285.710000000 —
31.702460276117 – 27.244584152521 —
– —
2423.74 – 1778065200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –