Buy ETH/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance level at 3184.600000000 will persist.

Caution: A possible change in the direction of the support level at 3034.990000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 3171.47908 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 3184.600000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency 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%.

Support & Resistance Price Range*
3rd High 3240.400000000
2nd High 3219.970000000
Next High 3184.600000000
Current Price 3137.070000000
Next Low 3034.990000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

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