ETH/USDT – 4H – BUY

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

A continuation of the uptrend upwards to the next resistance at will persist.

Caution: A possible reversal of the trend in the direction of the support level at 3029.410000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 3546.66 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Download ETH/USDT Signal Image

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