ETH/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 3878.670000000 is considered certain.

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

Moreover a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance 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-Level.Continuation of the current ascending trend is considered 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 line at 3878.670000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Inside Up’ candle pattern is existing. The candles show ‘Three Inside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Up’ going 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 – – –