Buy ETH/USDT – 30M – BUY

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

An ascent upwards to the next resistance at 3878.670000000 is considered certain.

Caution: A possible change in the direction of the support zone at 3677.650000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 3886.440000000
Next High 3878.670000000
Current Price 3794.410000000
Next Low 3677.650000000
2nd Low 3601.560000000
3rd Low 3599.440000000

3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 37.015489941537 – 39.714344639057

Trading Signals:

Buy ETH/USDT – 30M – BUY

The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 3832.000000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 3744.160000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bullish Engulfing’ candle pattern is detected. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 3886.440000000
2nd High 3834.030000000
Next High 3832.000000000
Current Price 3764.020000000
Next Low 3744.160000000
2nd Low 3716.040000000
3rd Low 3709.390000000

3832.000000000 – 3834.030000000 – 3886.440000000 – 3744.160000000 – 3716.040000000 – 3731.000000000 — 45.943526377108 – 46.710477045932

Trading Signals:

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