ETH/USDT – 30M – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 1979.8 will continue.

Caution: A possible counter-trend in the direction of the support level at 1916.14 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1971.95 – 1979.8 – 1977.35 – 1916.14 – 1925.06 – 1930 —
1956.970000000 – 1987.150000000 —
51.861205791048 – 58.809947236815 —
– —
1971.95 – 1773001800

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