Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.

A bullish trend upwards to the next resistance line at 3437.590000000 is certain.

Caution: A possible change in the direction of support at 3305.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 3426.29 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 3437.590000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 3547.950000000
2nd High 3514.940000000
Next High 3437.590000000
Current Price 3389.230000000
Next Low 3305.000000000
2nd Low 3304.630000000
3rd Low 3216.970000000

Download ETH/USDT Signal Image

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