ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline upwards

An ascending movement up to the next resistance at 2423.74 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 2220.36 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ” indicator layout is discovered. The indicator shows ”. which could be a positive chart signal. The currency pair is likely to rise.

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Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going 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 – – –