ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance level at 4481.090000000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 4350.010000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 4481.09 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 4481.090000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

4481.090000000 – 4453.570000000 – 4381.870000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 64.512171504657 – 65.685122842643

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –