ETH/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance at 3878.670000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 3677.650000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Two-Candle Shooting Star’ candle pattern is detected. The chart shows ‘Two-Candle Shooting Star’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).

3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 22.420208841094 – 23.800806926359

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two-Candle Shooting Star – Double top chart pattern –