ETH/USDT – 30M – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance at 3878.670000000 will continue.

Caution: A possible trend reversal in the direction of the support level at 3647.630000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. 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 will continue. Target of the current trend is 3716.61 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 3878.670000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Inside Up’ candlestick pattern is existing. The chart forms ‘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 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 – – –