ETH/USDT – 30M – BUY

The pair Ethereum/Tether (ETH/USDT) moves from the descending trendline upwards

An ascending movement up to the next resistance at 3878.670000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 3677.650000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.

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

Besides a ‘Two-Candle Shooting Star’ candlestick chart pattern is existing. The candles form ‘Two-Candle Shooting Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two-Candle Shooting Star’ heading down is 61% (Bull Market) & 58% (Bear Market).

3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 22.420208841094 – 23.800806926359

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two-Candle Shooting Star – Double top chart pattern –