ETH/USDT – 30M – BUY

Furthermore a ‘Double top retreat up’ chart pattern is found. The chart picture shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to go up.

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline up.

An ascending movement up to the next resistance line at 2768.78 is expected.

Caution: A possible change in the direction of the support zone at 2689 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Latter Bottom’ candle chart pattern is detected. The candles show ‘Latter Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

2768.78 – 2828.65 – 3038.45 – 2689 – 2754.53 – 2937.55 —
2742.720000000 – 2733.860000000 —
41.994731923654 – 39.407350851862 —
– —
2768.78000 – 1769772600

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