Buy ETH/USDT – 30M – BUY

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

A bullish trend up to the next resistance line at 1822.040000000 will continue.

Caution: A possible change in the direction of the support zone at 1758.720000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1815.45952 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1822.040000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. 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%.

Support & Resistance Price Range*
3rd High 1835.680000000
2nd High 1828.900000000
Next High 1822.040000000
Current Price 1801.150000000
Next Low 1758.720000000
2nd Low 1750.000000000
3rd Low

Download ETH/USDT Signal Image

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