ETH/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 2359.88 will continue.

Caution: A possible change in the direction of the support level at 2157.14 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2462.96 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 2359.88 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which 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 White Soldiers’ heading up is 82%.

2359.88 – 2396.62 – 2475.98 – 2284.48 – 2313.33 – 2157.14 —
2332.570000000 – 2287.890000000 —
49.374765005694 – 38.055003623034 —
– —
2359.88 – 1770080400

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