ETH/USDT – 1H – BUY

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

An ascent up to the next resistance level at 2423.74 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 2220.36 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ” indicator signal is found. The indicator is ”. this is usually a bullish signal. The currency pair could go up.

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

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

In addition a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. 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 – – –