ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline upwards

A bullish movement upwards to the next resistance level at 2423.74 is expected.

Caution: A possible change in the direction of the support level at 2220.36 could happen.
Consider stop-loss settings accordingly.

Additionally a ” indicator signal is existing. The indicator is ”. this is usually a bullish chart scenario. The currency pair is likely to rise.

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Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2297.090000000 – 2285.710000000 —
31.702460276117 – 27.244584152521 —
– —
2423.74 – 1778065200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –