ETH/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance at 4788.000000000 is likely expected.

Caution: A possible change in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 4638.15652 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 4788.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

4788.000000000 – 4366.460000000 – 4349.810000000 – 4451.330000000 – 4256.920000000 – 4166.770000000 — 40.048579567028 – 41.256866969188

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –