ETH/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 1796.08 is likely expected.

Caution: A possible trend reversal in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1796.08 – 1810.21 – 1839.77 – 1679.11 – 1671.79 – 1722.24 —
1731.760000000 – 1732.000000000 —
60.696946258397 – 54.174792031846 —
– —
1796.08 – 1781715600

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