ETH/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 4492.240000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

4492.240000000 – 4508.710000000 – 4484.810000000 – 4444.340000000 – 4458.000000000 – 4456.430000000 — 54.577293028472 – 57.811679309821

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Double top chart pattern – –