Buy ETH/USDT – 4H – BUY

The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 4490.000000000 is considered certain.

Caution: A possible change in the direction of support at 4236.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 4498.470000000
2nd High 4490.640000000
Next High 4490.000000000
Current Price 4360.400000000
Next Low 4236.000000000
2nd Low 4210.610000000
3rd Low 4060.000000000

4490.000000000 – 4490.640000000 – 4498.470000000 – 4236.000000000 – 4210.610000000 – 4257.200000000 — 48.903859472671 – 55.587350770831

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