Buy ETH/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance at 3694.060000000 will persist.

Caution: A possible change in the direction of support at 3546.000000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Besides a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 3712.335 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 3694.060000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 3886.440000000
2nd High 3878.670000000
Next High 3694.060000000
Current Price 3638.510000000
Next Low 3546.000000000
2nd Low 3502.850000000
3rd Low 3477.580000000

3624.560000000 – 3694.060000000 – 3878.670000000 – 3546.000000000 – 3555.000000000 – 3565.000000000 — 58.726883804743 – 61.036669811136

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