Buy ETH/USDT – 30M – BUY

The pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline upwards

A bullish trend upwards to the next resistance line at 3694.060000000 will continue.

Caution: A possible change in the direction of the support level at 3565.000000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. 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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 3886.440000000
2nd High 3878.670000000
Next High 3694.060000000
Current Price 3605.530000000
Next Low 3565.000000000
2nd Low 3502.850000000
3rd Low 3477.580000000

3694.060000000 – 3878.670000000 – 3832.000000000 – 3565.000000000 – 3677.650000000 – 3744.160000000 — 43.367168937229 – 45.491207312527

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