Buy ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 4087.730000000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 3844.400000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 4025.18 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 4087.730000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 4087.730000000
Current Price 4086.660000000
Next Low 3844.400000000
2nd Low 3831.500000000
3rd Low 3825.030000000

Download ETH/USDT Signal Image

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