ETH/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 3878.670000000 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 3647.630000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bullish chart signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 3716.61 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 3878.670000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Inside Up’ candlestick chart pattern is existing. The candles form ‘Three Inside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

3716.610000000 – 3698.600000000 – 3662.000000000 – 3647.630000000 – 3574.050000000 – 3546.000000000 — 67.462403743242 – 68.456616029048

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Up – – –