Buy ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance level at 3834.030000000 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 3716.040000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 3795.91276 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 3834.030000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 3886.440000000
Next High 3834.030000000
Current Price 3770.640000000
Next Low 3716.040000000
2nd Low 3709.390000000
3rd Low 3599.440000000

3834.030000000 – 3886.440000000 – 3782.830000000 – 3716.040000000 – 3709.390000000 – 3599.440000000 — 44.652220544548 – 46.793562400048

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