ETH/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance at 2326.36 is certain.

Caution: A possible change in the direction of support at could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2346.24888 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 2326.36 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

2326.36 – 2332.88 – 2350.24 – 2278.38 – 2263.18 – 2252.72 —
2340.150000000 – 2315.290000000 —
60.224472436604 – 49.075523869284 —
– —
2326.36 – 1776690000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –