Buy ETH/USDT – 30M – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance level at 2323.21 is likely expected.

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

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

Also there is a ‘Bullish Engulfing’ candle pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 2338.79
2nd High 2331.85
Next High 2323.21
Current Price 2316.510000000
Next Low
2nd Low
3rd Low

2323.21 – 2331.85 – 2338.79 – 2300.55 – 2307.2 – 2301.61 —
2312.150000000 – 2317.350000000 —
39.516901240725 – 55.287926427524 —
– —
2323.21 – 1777109400

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