ETH/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 3083.000000000 is expected.

Caution: A possible change in the direction of support at 2940.240000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

3083.000000000 – 3010.650000000 – 3020.310000000 – 2940.240000000 – 2903.850000000 – 2923.320000000

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