ETH/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 2325.33 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 2265.61 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

2325.33 – 2321.22 – 2423.74 – 2265.61 – 2313.89 – 2354.34 —
2318.560000000 – 2315.320000000 —
53.830898029154 – 46.373398228527 —
– —
2325.33 – 1778299200

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