ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 2174.79 will continue.

Caution: A possible trend reversal in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Next a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2174.79 – 2084 – 2081.76 – 2087.5 – 2021.5 – 2044.63 —
2120.140000000 – 2106.290000000 —
45.436616306617 – 43.547443449377 —
– —
2174.79 – 1775466000

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