Buy ETH/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance at 3886.440000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 3716.040000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 3886.44 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 3886.440000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3886.440000000
Current Price 3828.450000000
Next Low 3716.040000000
2nd Low 3709.390000000
3rd Low 3601.560000000

3886.440000000 – 3793.000000000 – 3782.830000000 – 3716.040000000 – 3731.000000000 – 3709.390000000 — 62.677216572492 – 63.961535517336

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