ETH/USDT – 1H – BUY

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

An ascent upwards to the next resistance at 3083.000000000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 2932.460000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 3040.7206 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 3083.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

3083.000000000 – 3020.310000000 – 2979.780000000 – 2932.460000000 – 2940.240000000 – 2903.850000000

Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Double bottom chart pattern