ETH/USDT – 1H – BUY

The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 2350.24 will persist.

Caution: A possible change in the direction of support at 2252.72 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Bullish Engulfing’ chart pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

2332.88 – 2350.24 – 2464.91 – 2252.72 – 2300 – 2317.43 —
2319.000000000 – 2328.520000000 —
53.673261104904 – 52.770305968534 —
– —
2332.88 – 1776668400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –