ETH/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 3878.670000000 is certain.

Caution: A possible change in the direction of the support line at 3647.630000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3716.61 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 3878.670000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Inside Up’ candlestick chart pattern is detected. The chart forms ‘Three Inside Up’. which is a bullish pattern 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 – – –