ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 2054.8 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1907.41 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 2073.83454 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2054.8 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Up’ candle 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

2054.8 – 2148.39 – 1935.52 – 1907.41 – 1835.36 – 1800 —
1971.200000000 – 1944.500000000 —
44.530297941988 – 40.0429011237 —
– —
2054.8 – 1772330400

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