ETH/USDT – 30M – BUY

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

The bullish trend up to the next resistance at 2343.82 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 2110 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition 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 currency pair is likely to rise.

In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2343.82 – 2359.88 – 2396.62 – 2110 – 2262.15 – 2284.48 —
2243.660000000 – 2262.280000000 —
45.499446997384 – 48.665352044395 —
– —
2343.82 – 1770150600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –