ETH/USDT – 30M – BUY

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

An ascent up to the next resistance level at 2168.27 will persist.

Caution: A possible counter-trend in the direction of the support line at 2023.04 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2168.27 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 2168.27 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

2157 – 2168.27 – 2161.34 – 2023.04 – 2026 – 2066.97 —
2057.720000000 – 2140.000000000 —
45.107069422306 – 63.415234267102 —
– —
2157 – 1774126800

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